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MTAR Technologies touches ₹8,714, trims gain to 0.83%

HYDERABAD, June 19, 2026, 21:37 IST MTAR Technologies Ltd jumped as much as 4.9% to ₹8,714 on Friday and ended the session up 0.83% at ₹8,374.50. The stock bucked the trend, with the Nifty 50 sliding 0.64% to close at 24,013.10. (Moneycontrol) MTAR is up about 17% since the June 12 close, but shares closed nearly 4% off Friday’s intraday high. Momentum is strong, but so is the pressure from sellers at these levels. (Investing.com) MTAR’s big May orders—one for $238.76 million and another at $48.68 million—are still being digested by investors. The total is about $287 million, which is

New India Assurance stock climbs 13% with buyers in NSE IPO

Mumbai, June 19, 2026, 20:38 IST Shares of New India Assurance Co. Ltd. jumped 13.2% to ₹202.31 on Friday after the National Stock Exchange filed for its long-awaited IPO. The stock was one of the top gainers in the session. (The Economic Times) The main focus is what NIACL’s NSE stake is worth, not its insurance business. NSE has set up a pure offer for sale—existing shareholders will sell around 148.9 million shares, about 6% of the company. The exchange itself won’t raise new funds in this OFS. (Reuters) NIACL moved in a ₹179.41 to ₹206.60 range during the day.

HDFC Bank drops 2.4% on ex-dividend date, chairman pick still in spotlight

Mumbai, June 19, 2026, 19:35 IST HDFC Bank shares fell Friday, closing at ₹780 on the BSE, down 2.32%. Investors looked past a three-month extension for interim Chairman Keki Mistry and focused on an ex-dividend move. The Sensex fell 0.78%. (MarketWatch) Headline losses look bigger than what actually happened. After the ₹13 dividend is taken out from Thursday’s ₹799 NSE close, the ex-dividend reference price is ₹786. Friday’s close is about 0.8% lower than that. The Nifty 50 dropped 0.64% Friday, but managed a gain of about 1.7% for the week.

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