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Vedanta Ltd on Saturday said its board will meet next week to consider and approve the first interim dividend for 2021-22. "...the board of directors of the company (the "Board") on Wednesday, September 1, 2021, will consider and approve the first interim dividend on equity shares, if any, for the financial year 2021-22," Vedanta Ltd said in a filing to BSE.

“We believe the IT services sector will deliver sustained growth, aided by robust demand for services such as cloud computing, IoT, business analytics, and other digital business and will gain further momentum in the long term.”

Infra stocks were buzzing after the government announced a huge Rs 6 lakh crore National Monetisation Pipeline to unlock value in brownfield projects for infrastructure creation across the country. However, concerns of the realisation of the project kept investors on toes.

Positive follow-up action above 16,720 is required to unlock further upside potential. Failure to do so, could attract consolidation at the upper band. Immediate trading band for Bank Nifty is seen within 35,000-36,000, and a breakthrough on either side could trigger directional moves.

The return of the retail investors and companies coming to the primary market with unprecedented force have kept the brokerage sector busy as well as thriving. The broking companies improved their platforms to promote ease of trading with the adoption of technologies such as artificial intelligence (AI), lowered brokerage fees, and tweaked their offering to suit the needs of new investors.

The fund house will pay out Rs 2,919 crore to investors in the six schemes next week, which is more than 48% of the current AUM of the six schemes.

Research shows stocks with tickers that are actual English words enjoy advantages like lower spreads and greater liquidity. But crucially, they’re also more popular with less-sophisticated investors. It’s a potential game-changer now the retail crowd is driving as much as a quarter of U.S. equity trading volume, and a behavioral quirk that’s especially important for funds.

Radhika Gupta of Edelweiss Mutual Fund shared a thread of three best investments she has made in her lifetime. Smallcap hunter Soumya Malani said the single biggest reason for big losses in trading is unwillingness to cut positions when you know it has gone wrong to avoid a small loss. "Remember, every big loss was once a small loss that wasn’t cut. Pay market small fees, learn the lesson and move on."

According to data from depositories, FPIs bought equities worth Rs 986 crore and invested Rs 13,494 crore in the debt segment between August 2-27. This translated into a total net investment of Rs 14,480 crore. In July, they were net sellers at Rs 7,273 crore. There is cautiousness among FPIs towards investing in Indian equity markets despite signs of economic recovery.

NFTs have become a cynosure of all eyes. Artists, singers and even sportspersons are moving into this space. Football legend Messi has jumped on to the NFT bandwagon by launching NFT crypto art collection – ‘Messiverse’.