Garden Reach Shipbuilders and Engineers jumped 20% while Ideaforge Technology and Mazagaon Dock Shipbuilders surged over 10%. Cochin Shipyard rose 8.9% and Mishra Dhatu Nigam and Bharat Dynamics gained 8.4% and 6.4%,respectively. Paras Defense & Space Technologies moved 6.2% while DCX Systems and Hindustan Aeronautics rose over 4% each.
Chicago Fed President Goolsbee rejects calls for Fed rate cuts to ease US debt burden
Chicago Fed President Austan Goolsbee rejected calls for interest-rate cuts to ease the US government’s debt burden, warning that such a move could fuel inflation