Thyrocare Technologies’ shares slumped 66.7% to ₹492 on Friday as they began trading ex-bonus for the recently announced 2:1 bonus issue. The sharp drop is a normal adjustment due to the bonus issue and doesn’t indicate any deterioration in fundamentals.
Global Market Today: Asian stocks waver as oil gains fuel inflation, rate concerns
Government bonds in Japan, Australia and New Zealand retreated, following declines in Treasuries during the New York session. Weak demand at a $70 billion sale