More than 10 companies will have their shares trade ex-dividend, with actions such as dividend payouts, bonus issues and stock splits scheduled for the next five days.
Siemens ended at new closing high of Rs 5,768, and formed long bullish candlestick pattern on the daily timeframe, while the trading volumes in last three sessions remained healthy.
Indian benchmark indices were trading with gains on Friday, tracking upbeat cues from overseas. The BSE Sensex was up around 300 points at 54,530, and the NSE Nifty was 100 points higher at 16,250. The broader markets were outperforming the benchmarks.
Indian benchmark indices reversed early morning gains on Thursday on the back of weakness in index heavyweight Reliance Industries (RIL), Bajaj twins, Asian Paints and Hindustan Unilever (HUL). The S&P BSE Sensex was down 200 points or 0.38% to near 53,535 while the Nifty 50 index gave up 16,000.
Indian benchmark indices held marginal losses in noon deals as Asian Paints and IT stocks witnessed selling pressure. Private banking stocks, however, traded with firm gains. The BSE Sensex was down 200 points at 53,846, while the NSE Nifty 50 slipped below the 16,100 level.
Recovering from steep correction in the previous session, benchmark indices sharply on Friday amid strength in Asian markets and US equity futures. The BSE Sensex rose over 1,200 points and was seen testing the 54,000-mark, while the NSE Nifty 50 index climbed nearly 400 points and was within striking distance of 16,200 level.
Indian equity markets were trading red on Wednesday as benchmark indices gave up early morning gains in noon deals. The BSE Sensex was down 114 points at 54,203, and the NSE Nifty50 fell 25 points to 16,233.
Indian benchmark indices extended gains on Tuesday, led by strong gains in index heavyweights ITC and Reliance. The broader markets were also up in sync with the benchmark indices.
The key benchmark indices continued to reel under selling pressure on Friday, tracking weakness in global markets. The BSE Sensex fell over 1,000 points to 54,668, while the NSE Nifty shed 316 points to 16,366.