Shares of information technology companies, Infosys, Persistent Systems, L&T Infotech, Coforge and HCL Tech rose as much as 5% in Friday’s trade. Infosys was among the top gainers as the stock rallied 5.23% to Rs 1,494.
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