US stocks rose on Friday and the S&P 500 posted its biggest weekly gain since July as investors weighed whether the Federal Reserve will raise interest rates next week.
With stocks already in a corrective phase on Wall Street, next week's long-awaited Federal Reserve meeting may not spur a wild market reaction, even if the central bank hikes rates for the first time in almost a decade.
Amtek is in the process of negotiating with banks to settle Rs 800 crore worth of debt. Loans from JP Morgan is coming up for repayment on September 20.