Goldman Sachs acquired 13 lakh shares of Arvind Fashions for Rs 75.35 crore in a block deal at Rs 574.73 per share, a slight discount. The stock closed at Rs 583.95, gaining 0.73%. Arvind Fashions has outperformed the Nifty, delivering a 75% return over the past year.
Warsh’s gamble: A quieter Federal Reserve could mean volatile markets, higher rates
New Federal Reserve Chair Kevin Warsh is significantly reducing the central bank’s communication, particularly “forward guidance” on interest rates. This move, aimed at making markets