DSIJ Mindshare

Post the announcement of the dividend declaration, shares experienced considerable demand and gained 15-18 per cent in the last five trading sessions. 

The majority of the sectors ended with gains, led by Nifty Metal, which surged over 1 per cent. It was followed by Nifty Financial Services, which rose 0.91 per cent.   

The domestic benchmark indices started the week in the red with Nifty trading below the 17,750 level on the back of weak global cues.  

On Thursday, the Indian benchmark indices started the session in red with Nifty slipping below 17,800 due to weak global cues.  

Global markets are observing progress in Russia-Ukraine negotiations and are expecting a gradual return to normalcy. Despite mixed global cues, the Indian indices opened on a positive note with Nifty trading above the 18,000 mark since January 19, 2022. Catching the attention was the merger announced by HDFC and HDFC Bank, which will be one of the biggest mergers in the corporate world.