The share price of Ambuja Cements plunged as much as 25% on Friday, its steepest intra-day fall since 2006. The stock closed 17% lower at ₹380.45. The Adani Ports stock declined 23% last week, and 16.3% on Friday alone, to close at ₹596.95, its lowest close since February 11, 2021.
Fed rate hike ‘not urgent’, says John Williams; Austan Goolsbee warns against ‘playing with fire’
Federal Reserve Bank of New York President John Williams stated there could be one more interest rate increase before year-end. He emphasized that the central