Key names in focus this week include Hexaware Technologies, AGI Infra, Valiant Communications, Narmada Macplast Drip Irrigation Systems Ltd, among others. Shares of Hexaware Tech will trade ex-dividend on Oct. 10.
The record date determines the eligible shareholders who will receive the dividend payment, bonus shares, or stock split. The ex-date, which mostly coincides with the record date, marks when the share price adjusts to reflect the corporate action. Dividends are a way for companies to reward their shareholders.
Domestic equity benchmarks Nifty 50 and Sensex ended a volatile trade session higher on Friday. The NSE Nifty PSU Bank emerged as the top sectoral index while the NSE Nifty Defence declined the most. Broader markets ended on a mixed note. NSE Nifty Midcap 150 ended 0.37% higher, while the NSE Nifty Smallcap 250 ended 0.01% down.
