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Following the stake sale, the board will consider distributing 70–80 percent of the upfront consideration of $903 million as a dividend to its shareholders

The company is consciously pivoting the book towards high-yielding products

High-frequency trading firms (HTFs) – or algo firms on steroids –use complex algorithms and powerful computers to execute trades at lightning speeds

Economists polled by Reuters had expected a merchandise trade deficit of $21 billion in December.

The board of directors will be meeting on January 18 to consider the raising of funds.

The rating agency raised its long-term issuer credit rating on Vedanta Resources from “SD,” or “selective default,” to “CCC “, indicating the company is currently vulnerable and depends on favourable conditions to meet its financial commitments.

Asian Paints will likely deliver revenue growth of around eight percent, led by the low base as well as the upsurge in the real estate sector

Stocks to watch: Check out the companies making headlines before the opening bell today, on January 16, 2024.

Stocks to watch: Check out the companies making headlines before the opening bell today, on January 16, 2024.

Technically, Nifty#39;s daily chart showcases a bullish candle supported by a positive weekly candle.