There are a host of corporate actions scheduled for this week. Natco Pharma, Suprajit Engineering, NMDC, and Jupiter Wagons will trade ex-dividend, while The South Indian Bank s rights issue s ex-date is fixed this week.
Thursdays M-Cap rally by Nividia was Wall Streets largest one-day gain for a single company in history after the heavyweight chipmakers quarterly report beat expectations and reignited a rally fuelled by optimism about artificial intelligence.
The Indian rupee struggled to build on its upward momentum on Friday, on dollar demand from oil companies and other importers, and the Federal Reserve s wariness over cutting interest rates early.
The company had filed seven applications for different products under the PLI scheme, and it has received the certification for its first product, a hub wheel drive motor for electric two-wheelers, Sona Comstar said in a regulatory filing.