Stocks that were in focus included names like TVS Motor, which rose 2.22%, Berger Paint, which increased 0.7%, and Tata Communication, whose shares declined 1.55% on Monday.
The unexpected move is also seen bringing down yields on short-term government bonds, as the three securities that the government has chosen to buy back
A company issues bonus shares for their shareholders in order to increase the liquidity of the stock as well as to decrease its stock price
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