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First Trade: Indices open mildly higher; Nifty near 24,560; AB Fashion down 7%

Published 3 days ago1 minute read

Indian equities in Wednesday's session (June 4, 2025) opened higher tracking positive global cues. At the open, Nifty opened with gains of 0.09 per cent or 23.3 points at 24,565.8, while the Sensex was up 92 points or 0.11 per cent at 80,829.9. Meanwhile, Bank Nifty traded with gains of 40 points or 0.07 per cent at 55,640.

Dhampur Sugar: Buyback of this company will close today. The company announced buying back shares at a price of Rs 185 per share.

Coforge: The midcap company's stock will trade ex-split today. The company announced a 1:5 stock split for making the scrip more affordable.

  TCS: TCS shares will go ex-dividend for its Rs 30 per share dividend. 

Tata Motors: Similarly, Tata group's auto company will also trade ex-dividend for its Rs 6 per share final dividend.

Despite continued blow up in the ongoing trade tensions, Asian markets traded strong even as dollar wobbled. The key MSCI Asia Pacific ex Japan traded strong with gains of 0.94 per cent.

South Korea's Kospi was the most buoyant - up as much as over 2 per cent as the liberal presidential candidate Lee Jae-myung’s election victory led to hopes of swift economic stimulus and easing policy uncertainty.

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Zee Business
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