From Sensex pack, Power Grid, JSW Steel, L&T, Tata Motors, and Tata Steel opened with gains, while Jio Financial Services, Reliance Industries, Axis Bank and IndusInd Bank opened with cuts.
The ex-dividend date is when the price of the equity shares of a company gets adjusted for the dividend payout. It is one or two working days before the record date. All the shareholders whose names appear in the company s list by the end of the record date will be eligible to receive dividends.
The attainment of new 52-week highs by APL Apollo Tubes, Shriram Finance, Mphasis, Sun TV Network, and other Nifty Midcap stocks on August 24 signifies their outstanding market performance and growth prospects.