Infosys dividend alert! Last date to buy IT giant’s shares to secure Rs 25/sh payout
Infosys has set June 10 as the record date to determine shareholder eligibility for its final dividend of Rs 25 per share. Since shares must be credited to investors’ demat accounts by the record date under the T+1 settlement cycle, today is the last day to buy Infosys stock and qualify for the dividend payout.
Bharti Airtel, Vodafone Idea shares rise up to 4% as court scraps spectrum dues
Bharti Airtel and Vodafone Idea shares gained up to 4% after Bombay High Court quashed the government’s one-time spectrum charge demands, providing a combined relief of Rs 20,000 crore to Vodafone Idea and Bharti Airtel. The court ruled the government lacked legal authority to issue the demand notices, annulling all actions taken under them and […]
Kospi surges 5% after 15% rout in three days. What’s fuelling 2026’s top mkt?
South Korean technology stocks rebounded sharply on Tuesday as investors returned to AI-linked shares after a steep three-day selloff that had pushed the KOSPI down more than 15%. Semiconductor stocks led the recovery, with SK Hynix jumping 8%, Samsung Electronics rising 4%.
NLC India falls 3% as OFS worth up to Rs 1,263 cr opens
The government is set to launch an Offer for Sale (OFS) to divest up to 3% of its stake in NLC India, valued at approximately Rs 1,263 crore. The OFS opens for non-retail investors on June 9, with a floor price of Rs 303 per share, a discount to its previous closing price.
India back at no.6 in m-cap league after Korea stock rout
India has reclaimed its position as the sixth largest economy by market capitalization. This shift occurred as South Korea’s market cap saw a significant drop. Major South Korean chip makers like Samsung Electronics and SK Hynix experienced sharp declines. This impacted their overall market value. Indian IT stocks also saw some weakness but remained relatively […]
OpenAI files for US IPO after Anthropic as AI giants head to public markets
AI giant OpenAI has confidentially filed for a US initial public offering. This move follows rival Anthropic’s similar filing. Investors are keenly watching these developments for exposure to the booming artificial intelligence sector. OpenAI aims for a significant valuation, potentially setting a new benchmark for tech IPOs. The company is navigating its transition from a […]
Mid and smallcaps get the money as Nifty lags
Investors are increasingly bullish on mid and small-cap stocks, reflecting a notable shift in market sentiment. The Advance-Decline Ratio has shown resilience for the past two months, leading to record highs in midcap and smallcap indices. Meanwhile, large-cap stocks are grappling with foreign selling pressure, suggesting that mid and small caps may continue to shine […]
Muted returns on market bets steer funds back to banks
As per RBI data, bank deposits stood at ?256.9 lakh crore as of May 15, 2026, registering a year-on-year growth of 12.2% – well above the 10% growth recorded in the corresponding period last year – with time deposits leading the charge, rising 12.3% to ?225.2 lakh crore and accounting for 87.7% of total deposits.
Sebi review to ensure broker net worth rules align with risk: Sebi Chief
Sebi is revolutionizing the landscape for stockbrokers with updated regulations that align capital requirements with their operational scale and risk exposure. Additionally, in a push for transparency, the regulator is refining the IPO and relisting pricing process through innovative pre-open call auctions. Research analysts can expect a lighter compliance load, making their jobs easier.
MSCI confirms early index inclusion rules ahead of SpaceX IPO
MSCI will apply early inclusion rules for large IPOs, potentially adding SpaceX to its Global Standard Indexes. This move is expected to drive significant demand from passively managed funds tracking MSCI benchmarks. SpaceX’s upcoming IPO, targeting a $1.75 trillion valuation, positions it for inclusion despite a recent net loss.