The Sensex is trading down by 0.63 per cent trading at 82,033.34 while the Nifty is also down by 0.67 per cent and is trading at 25,110.

Post the announcement of the dividend declaration, shares experienced considerable demand and gained 15-18 per cent in the last five trading sessions. 

The majority of the sectors ended with gains, led by Nifty Metal, which surged over 1 per cent. It was followed by Nifty Financial Services, which rose 0.91 per cent.   

The domestic benchmark indices started the week in the red with Nifty trading below the 17,750 level on the back of weak global cues.  

On Thursday, the Indian benchmark indices started the session in red with Nifty slipping below 17,800 due to weak global cues.  

Global markets are observing progress in Russia-Ukraine negotiations and are expecting a gradual return to normalcy. Despite mixed global cues, the Indian indices opened on a positive note with Nifty trading above the 18,000 mark since January 19, 2022. Catching the attention was the merger announced by HDFC and HDFC Bank, which will be one of the biggest mergers in the corporate world.

On Monday, domestic benchmark indices opened on a flat note. After nine straight sessions of trading higher, Asian stocks also opened lower on Monday as investors kept an eye on developments in Ukraine. Rising cases in China is making the world cautious, leading to a decline in crude prices. The dollar also rose on the back of geopolitical worries

On Thursday morning the markets opened marginally lower, owing to weaker global cues. 

Crude oil price decreased slightly and was trading at USD 120 per dollar, whereas Gold prices also increased by 3 per cent. The Nasdaq was down by 1.32 per cent at market close on Wednesday, whereas the Asian markets also mimicked the weaker sentiments and were trading 0.50 per cent lower 

On Tuesday, domestic benchmark indices opened on a flat note due to rising crude oil prices as some members of the European Union were reportedly considering a ban on Russian oil. The domestic markets are being weighed down by the Russian war on Ukraine and Western sanctions on Russia are agonizing over energy supplies for Europe, rising prices and path towards the economic recoveries from the pandemic.

On Monday, the equity benchmark indices opened on a positive note amid mixed global cues with Nifty trading above the 17,300 mark. The markets opened in green in line with SGX Nifty Trends. Around 9 am, SGX Nifty Futures was trading around 100 points up on the Singaporean Exchange, indicating a positive opening for the Indian markets.