This situation echoes the economic challenges of the 1970s and suggests that investors should brace for potential market volatility.

In line with this, we have selected some stocks that could be in action amid corporate action as these stocks are likely to announce bonus shares in their upcoming board meetings. 

 As a result, Asia Pacific markets also plunged sharply with Japan’s Nikkei losing 1.22 per cent whereas China’s Shanghai Composite trading flat at 3,274.22, lower by 0.12 per cent.  

At 11 am on Monday, the headline equity indices, i.e. Sensex and Nifty 50 fell sharply post US market’s reaction to the newly-arisen fear of aggressive rate hike by Federal Reserve.   

At 11.30 am on Thursday, the headline equity indices, i.e. Sensex and Nifty 50 were trading flat, owing to weak global cues.    

The shares in Asia Pacific markets are trading lower after Wall Street ended its five-day winning rally as Federal Reserve again warned that it will monitor the inflation data and market conditions closely in order to decide the next pace of tightening despite the cooling of inflation levels in the month of July.   

At 11.30 am on Wednesday, the headline equity indices, i.e. Sensex and Nifty 50 were trading marginally higher.  

The stock has registered a fresh 52-week high. Interestingly, the volume traded for the day was the highest ever seen, which was close to 17.8 lakh shares.