European stock markets closed lower on Friday. This followed cautious remarks from U.S. Federal Reserve officials. Investors had hoped for an interest rate cut. Technology stocks faced selling pressure. However, the STOXX 600 index achieved its best weekly gain since September. Richemont and Siemens Energy saw gains. UK’s FTSE 100 also declined.
Tata Sons boardroom battle intensifies but Tata Group stocks remain unbothered. Should you buy?
Tata Sons has rejected Noel Tata’s objections to N Chandrasekaran’s reappointment, saying the board’s decision was valid and made in accordance with the company’s Articles