Tata Investment Corporation shares rose to a 52-week high after announcing a 1:10 stock split to boost liquidity and retail participation. The stock has gained 24.5% in two sessions, following shareholder approval to subdivide each ₹10 share into 10 shares of ₹1 each.
US stocks: US market ends down as oil prices, Treasury yields rise
In a turbulent day for Wall Street, the markets faced declines primarily driven by disappointing performances from Alphabet and Amazon, compounded by increasing Treasury yields.