The S&P 500 increased 0.5%, while the Dow Jones Industrial Average gained 56 points, or 0.3%. Nasdaq Composite increased by 0.8%. Prior to the release at 2:00 p.m., the main averages had not altered significantly. Introduction The Federal Reserve, commonly referred to as the Fed, is the central banking system of the United States. One…

Stock Market Today: Nifty 50 Top Gainers of 22nd Mar 2023 Symbol LTP % CHANGE HDFCLIFE 497.00 2.95 BAJFINANCE 5,827.00 2.05 BAJAJFINSV 1,293.00 1.96 SUNPHARMA 971.80 1.63 TATACONSUM 711.55 1.52 SBILIFE 1,111.05 1.22 DRREDDY 4,469.85 1.14 UPL 716.00 1.11 HINDALCO 392.25 0.95 INDUSINDBK 1,031.90 0.88 Top Gainers of 22.03.2023 Stock Market Today:Top Losers of 22nd Mar 2023 Symbol LTP…

The usual two-day meeting of the U.S. Federal Reserve is scheduled to end on Wednesday.   The market is gradually factoring in the possibility of a 25 basis point Fed rate increase.  Yet, given the threats to financial stability posed by the ongoing global banking crisis, the Fed is expected to move towards a modest rate hike. Before to this, bets were put on the 50bps rate increase due to the continued strength of the jobs and inflation data.  While there is discussion on whether to use zero or 25 basis points, JPMorgan desk analysts stated in their morning briefing note that they were still waiting for word on whether the Fed, Treasury, and FDIC will expand the scope of their response or introduce new measures. Here is what the top economists on Wall Street anticipate the Fed will do tomorrow: Analysts at Deutsche Bank Analysts at Deutsche Bank: “During the FOMC meeting on Wednesday, we anticipate the Fed will announce a 25 bp rate increase. The result of the meeting, however, will rely on news…

Stock Market Today: Nifty 50 Top Gainers of 21th Mar 2023 Symbol LTP % CHANGE HDFCLIFE 483 3.82 RELIANCE 2,272.00 3.21 BAJFINANCE 5,711.00 2.89 BAJAJ-AUTO 3,910.00 2.76 SBILIFE 1,098.45 2.27 AXISBANK 854.65 2.04 TITAN 2,507.00 1.91 ICICIBANK 851.75 1.83 BAJAJFINSV 1,268.00 1.81 INDUSINDBK 1,019.50 1.72 Top Gainers of 21.03.2023 Stock Market Today: Top Losers of 21th Mar 2023 Symbol…