Several listed companies are scheduled for ex-dividend dates between April 22 and 24, with CIE Automotive and Sanofi India among the most notable names going ex-dividend this week. Patanjali Foods and Anlon Healthcare are also on the corporate actions calendar during this period. Shareholders must hold shares before the ex-dividend date to qualify for the announced payouts, a mechanical cutoff that typically triggers price adjustments at market open on the ex-date. These events are routine but operationally significant for income-focused investors, portfolio rebalancers, and short-term traders who use dividend capture strategies. The window between record date and actual payout also affects working capital timing for retail and institutional holders alike. Investors tracking these names should confirm exact payout amounts and record dates through exchange filings, as specific dividend quantum per share was not disclosed in available reporting.
The Indian government has launched an OFS to sell up to 6.5% of its LIC stake, opening for non-retail investors on August 4, 2026, at a floor price of Rs 382 per share, about 11% below Monday's close. The discounted offering is likely to pressure LIC shares in the near term as supply increases sharply.
More than a dozen major Indian companies including Bharti Airtel, ONGC, Pidilite, Nykaa, DLF, and Ather Energy report April-June 2026 earnings on August 4. Results span telecom, energy, consumer goods, real estate, and EV sectors, giving markets a broad read on corporate health mid-earnings season.
Amazon shares hit a new all-time high Monday, pushing its market cap above $3 trillion following a sustained post-earnings rally. The milestone places Amazon among the very few companies globally to reach this valuation, with investor focus on AWS and advertising growth driving the move.
Sensex Gains 500 Points as Oil Falls on Iran Talks
The Sensex rose around 500 points and the Nifty crossed 24,500 on Monday after Donald Trump announced talks with Iran, pushing oil prices lower. IndiGo, ITC, FMCG, and metals led the gains as cheaper crude eased cost and inflation concerns.