The metal stocks index is currently the top sectoral gainer. A weaker dollar improves global demand for commodities which in turn benefits Indian metal producers through export opportunities and better pricing.
Vedanta Share Price
Vedanta shares surge, cross Rs 500 mark after disclosure of fourth interim dividend date
Shares of Vedanta Ltd rose over 5% on Thursday after the metal and mining firm said its board would consider fourth interim dividend for FY25 on Tuesday, October 8. Vedanta stock rose 5.24% to Rs 504.75 in the afternoon session against the previous close of Rs 479.60 on BSE. Market cap of the firm climbed to Rs 1.96 lakh crore. A total of 14.38 lakh shares of the firm changed hands amounting to a turnover of Rs 70.82 crore on BSE.
Vedanta Promoter Group Firms Entered Three Facilities To Borrow $800 Million
Vedanta Promoter Group Firms Entered Three Facilities: Twin Star Holdings Ltd., Vedanta Netherlands Investments B.V. and Vedanta Resources Ltd. signed three separate facility agreements on Nov. 22 to borrow a total of $800 million, according to an exchange filing.
Stocks To Watch: Hindalco, Info Edge, Vedanta, Bharti Airtel, Bharat Forge
Stocks To Watch: Hindalco, Info Edge, Vedanta, Bharti Airtel, Bharat Forge : Indian equities fell the most in two months on Monday, ending lower for the fifth straight session as a rise in active Covid-19 cases across the country dented sentiment. The S&P BSE Sensex ended 2.2% or 1,145 points lower at 49,744 while the NSE Nifty 50 index fell 2% or 300 points to end at 14,675.
Metal Index Drops Over 2.5% As Vedanta Drags
Gold Silver Reports (GSR) – Metal Index Drops Over 2.5% As Vedanta Drags – Metal stocks were facing selling pressure dragged by weakness in Hindustan Zinc, Jindal Steel and Vedanta.
BHEL, BPCL, Coal India, M&M, Power Grid, Vedanta Share Price
Gold Silver Reports (GSR) – BHEL, BPCL, Coal India, M&M, Power Grid, Vedanta Share Price — Indian equity benchmarks gained for third straight day to their highest level in over a week led by HDFC Bank, Larsen & Toubro, Sun Pharma and ITC. The S&P BSE Sensex rose 0.7 percent or 241 points to 35,165 and the NSE Nifty 50 index climbed 0.8 percent or 83 points to 10,689.