EFC (I) shares may be in focus today, with February 11 as the record date for determining shareholders eligible for the 1:1 bonus share issue. Bonus shares are issued from retained earnings or reserves, rewarding shareholders and improving liquidity. EFC (I) shares closed 2.6% lower at Rs 533.65 on the BSE.
Chicago Fed President Goolsbee rejects calls for Fed rate cuts to ease US debt burden
Chicago Fed President Austan Goolsbee rejected calls for interest-rate cuts to ease the US government’s debt burden, warning that such a move could fuel inflation