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.
Dow suffers worst week in nearly a year as oil spikes 12% and weak jobs data adds to anxiety
Wall Street’s major indexes fell on Friday as weak US jobs data and a sharp rise in oil prices heightened concerns about the economic outlook.