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Valuations are becoming reasonable and the next six months present an opportunity to increase equity allocation as pain seems to be behind us and market prices reflect it. FIIs have consistently turned buyers for the last four trading sessions, and several milestones are used to watch a market bottom-out. The approach is to stick with companies with larger market share in neglected sectors, such as manufacturing, selected NBFCs and private sector banks, and pharma.

Rail Vikas Nigam (RVNL) shares are trading ex-dividend as the company announced a Rs 1.77 interim dividend with April 6 as the record date. Around a day or two prior to the record date, companies usually trade ex-dividends. In the last year, the company has declared an equity dividend of Rs 2.02 per share, leading to a dividend yield of 2.72%. Trendlyne data shows that the consensus estimate represents a downside of -43.40% from the current levels, but Prabhudas Lilladher has a Buy call on the stock with a target price of Rs 78.

German industrial production rose significantly more than expected in February due, in part, to vehicle manufacturing, increasing 2.0% on the previous month.

A total of 17,393 shares changed hands on the counter till 02:08PM (IST)

Singer India appoints Rakesh Khanna as MD & VC, who will replace Rajeev Bajaj

After a challenging yet disappointing FY23, D-Street investors should gear up for better days ahead.

This surge in demand from QIBs helped boost the overall subscription rate and provided a much-needed boost to the IPO, which had seen a lackluster response in the preceding days. At the end of Day 2, the issue was subscribed just 9%.

Garden Reach Shipbuilders & Engineers, incorporated in the year 1934, is a Small Cap company (having a market cap of Rs 5296.88 Crore) operating in Shipping sector.

When rupee fell to a record low in October 2022, the USD/INR 3-month rate on NDF was about 40 paisa higher than onshore. This fuelled more demand for dollars onshore, adding pressure on the rupee.

Cigarette volume growth to remain stable, it said adding that at the industry level, the cigarette volumes have surpassed the pre-covid levels and ITC is gaining lost market share from its peers.