Investors should prepare for a busy week with numerous corporate actions on the horizon. Several companies, including Cosmo First, DLF, and Wipro, have scheduled dividend declarations. GTV Engineering will undergo a stock split and issue bonus shares. Additionally, Abate AS Industries plans a bonus issue, while a multitude of companies will distribute dividends throughout the week.
Rupee touches one-week high; RBI plans to ease dollar bids
The rupee hit a one-week high as expectations of RBI measures to curb oil refiners’ dollar demand boosted sentiment and eased pressure on the currency.