Vedanta shares saw a nearly 3% surge after the board approved a third interim dividend of Rs 11 per equity share, amounting to Rs 4,300 crore. This move comes despite recent stock declines due to a Supreme Court ruling on diesel procurement and a challenge to Adani Group’s acquisition bid. The company remains a popular choice for dividend investors.
US stocks today: S&P 500, Nasdaq end higher, notch weekly gains after earnings-heavy week
The S&P 500 and Nasdaq reached record highs, fueled by strong earnings and falling crude prices, marking their longest weekly gain streak since October 2024.