Nifty 50, Stock Market Today: 24th March 2023, Closed with Red

Stock Market Today:Top Gainers of 24th Mar 2023 Symbol LTP % CHANGE CIPLA 878.40 1.07 KOTAKBANK 1,687.70 0.48 APOLLOHOSP 4,289.00 0.37 INFY 1,378.95 0.32 TECHM 1,103.00 0.32 DRREDDY 4,455.10 0.18 POWERGRID 222.45 0.14 ASIANPAINT 2,800.00 0.08 DIVISLAB 2,804.75 0.06 Nifty50: Top Gainers of 24.03.2023 Stock Market Today: Nifty 50 Top Losers of 24th Mar 2023 Symbol LTP…

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The Federal Reserve Board increases its interest rate by 0.25 points to combat inflation, Irrespective of the banking collapse

The Federal Reserve Board, its aggressive battle to contain inflation on Wednesday by increasing its benchmark short-term interest rate by a quarter percentage point, despite the financial turbulence following Silicon Valley Bank’s failure. The Federal Reserve Forecasting The Federal Reserve Board officials are now expecting just one more rate hike this year and even that move is questionable, noting that the crisis…

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Nifty 50, Stock Market Today: 22nd March 2023, Closed with Green

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…

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Fed’s March meeting; what Wall Street analysts anticipate Powell to say

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…

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