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Infosys shares were listed on the Nasdaq stock exchange in 1999 as American depositary receipts (ADRs), making it the first Indian company to be listed on Nasdaq. [citation needed] The share price rose to ₹ 8,100 by 1999, making it the most expensive share on the market at the time. Infosys was then among the top 20 companies by market ...
This was the second worst single-day fall in the history, where the investors lost ₹6.50 lakh crores ($91 billion). [citation needed] While on 12 March 2020, the index plunged down by 2919.26 points, the second–worst fall in the history, ending in red to a 33-month low at 32,778.14. The fall wiped off ₹11.2 lakh crores wealth ($160 billion).
Rank Company name Sector Market capitalization (Rs Cr) 1 Reliance Industries Oil Exploration and Production 15.66 2 TATA Consultancy Services (TCS)
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In-dividend date – the last day, which is one trading day before the ex-dividend date, where shares are said to be cum dividend ('with [including] dividend'). That is, existing shareholders and anyone who buys the shares on this day will receive the dividend, and any shareholders who have sold the shares lose their right to the dividend.
A Dutch auction allows shares of an initial public offering to be allocated based only on price aggressiveness, with all successful bidders paying the same price per share. [21] [22] One version of the Dutch auction is OpenIPO, which is based on an auction system designed by economist William Vickrey. This auction method ranks bids from highest ...