In a move to reward its shareholders, Godrej Consumer Products has declared an interim dividend of ₹5 per share of Re 1 face value
In other precious metals news, silver rose 0.6%, platinum fell 0.4%, and palladium gained 0.56%.
By the end of bidding, the IPO was subscribed 4.27 times, with applications totaling 198.79 Crore shares against the 46,51,59,451 shares offered.
As the markets open today, all eyes will be on the RBI's policy announcement, which is expected to set the tone for the markets in the near term.
The IPO will open for public subscription on August 12 and close on August 14. Bidding for anchor investors will open for one day on August 9.
Here are some of the stocks that may see significant price movement today: Godrej Consumer Products, Hindalco Industries, Abbott India, etc.
The market saw a positive breadth with 2,696 shares advancing, 698 shares declining, and 72 shares remaining unchanged.
The Reserve Bank of India’s Monetary Policy Committee kept the policy repo rate and stance unchanged at 6.50%
Overall, the oil market remains volatile as traders balance concerns about geopolitical risks, demand outlook, and supply disruptions.
The NSE updates the list of securities in the F&O ban for trade every day.
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