Upcoming Dividend, Stock Split, Bonus Record Date Next Week, 15-19 Dec: MoneyBoxx, eClerx, Dr Lal, More

Upcoming Dividend, Stock Split, Bonus Next Week, 15-19 Dec: The Indian stock market ended the week on a weak note as investors stayed cautious amid persistent FII outflows, a depreciating rupee, and uncertainty surrounding the India-US trade deal. Looking ahead, market participants will keep a close watch on key corporate actions scheduled for next week, including upcoming dividends, stock splits, bonus issues, and rights issues.

Shares of Tilak Ventures Limited, Moneyboxx Finance Limited, Can FinHomes, Dr Lal Path Labs, Space Incubatrics Technologies, etc will remain in focus in the coming week, during 15 December to 19 December.

Upcoming Dividend, Stock Split, Bonus Next Week; 15 December to 19 December

Moneyboxx Finance, Tilak Ventures, eClerix Services, Sylph Technologies, have fixed record dates for 15 and 17 December for corporate actions. Moneyboxx Finance had announced a bonus issue in the ratio of 1:1, whereas Tilak Ventures will execute rights issue of equity shares.

Stock Market Outlook

Nifty 50 closed at 26,046 points on Friday after witnessing a 0.36% of weekly loss, whereas BSE Sensex closed at 85,267 points, after registering an overall 0.17% of loss during the week.

Nifty and Sensex witnessed significant volatility during the week, with Nifty 50 and Sensex seeing a sharp drop in the first two-three trading sessions, however, the benchmark indices recovered in the second half of the week.

Friday's session also saw recovery in Nifty and Sensex driven by strong global cues. Prime Minister Modi said he had a "warm and engaging" conversation with US President Trump, reviewing bilateral ties and key regional issues-providing a measure of reassurance amid ongoing trade uncertainties. At the close, the Sensex gained 449.53 points (0.53%) to 85,267.66, while the Nifty advanced 148.40 points (0.57%) to 26,046.95 on December 12.

Experts see that the Nifty and Sensex may witness some gain in the coming week as investors will closely track development around India-US trade deal and other developments.

"A follow through strength will open further upside towards 26,200-26,300 levels in the coming sessions. Immediate support is placed at today's gap up area of 25,900 holding above the same will keep the immediate bias positive. While key support is placed around 25,700-25,800 levels which aligns with the bullish gap from November 12, the 50-day EMA, and a key retracement zone of the prior up move," noted Bajaj Broking in its commentary.