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IRB Infrastructure stock climbed 7.81% to Rs 38.51 on BSE. Market cap of the firm stood at Rs 22,905 crore.
Dividend stocks: Colgate-Palmolive (India), IRB Infrastructure Developers, MPS Ltd and Shriram Finance stocks are trading ex-dividend today
After a tumultuous few days the market rose this week buoyed by US Federal Reserve's decision to maintain a steady interest rate, a reduction in US bond yields, and stable crude oil prices. However, amidst this recovery, India's manufacturing data for October weakened. Nonetheless, the market received support from good Q2 results.
From the Sensex stocks, Power Grid, Bajaj Finserv, M&M, Tata Motors, Bajaj Finance, and Titan opened with cuts, while Reliance Industries, Tech Mahindra, Maruti, and UltraTech Cement opened with cuts.