Dividends are distributed to shareholders listed in the company’s database on the record date. With the T+1 settlement framework, the record date and ex-date align in most cases, except when a market holiday follows the ex-date.
Tech View: Nifty’s weekly bullish engulfing candle signals strength; key resistance at 23,800. How to trade on Monday
Nifty formed a red candle on the daily chart on Friday, indicating weakness, but a green candle on the weekly scale confirmed last week’s bullish