Markets tumbled as the Federal Reserve kept interest rates unchanged. Officials signaled just one rate cut this year. Rising oil prices and geopolitical tensions added to economic uncertainty. The Producer Price Index also showed an increase. Major stock indexes saw significant declines. Some companies reported gains despite the broader market downturn.
HDFC Bank shares in focus as Atanu Chakraborty quits, says certain values didn’t align; ADRs tumble 7%
HDFC Bank faces potential selling pressure as its part-time Chairman, Atanu Chakraborty, resigned citing ethical concerns over recent bank practices. Keki Mistry has been appointed