Info Edge (India), parent company of Naukri.com, announced a stock split in the ratio of 1:5 to enhance liquidity and broaden investor access. The company has fixed May 7 as the record date to determine shareholders’ eligibility for the sub-division of equity shares. This marks the first stock split for Info Edge, with shares closing higher on the BSE.
Nifty’s 5-day fall may be nearing a reversal; Anand James maps key levels for this week
The consecutive falls that resigned Nifty to a close below lower bollinger band on Friday raises the prospects of a mean reversion move. Further, 20-week