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Right now, the 6.6% surge in the S&P 500 ranks -- somehow -- as the biggest rally to coincide with the start of a Federal Reserve rate-hike cycle since World War II, data compiled by Ned Davis Research and Bloomberg show. Fueled by positive economic reports, equities just notched their second straight week of gains, with the S&P 500 recouping half its losses since January.

Historically, following the bull run of 1999-2000 peaked, domestic markets rebounded over 30% post the first leg of correction.

About $687 million will be invested in Cairn towards increasing volume through additional wells at existing oil fields as well as towards exploration. The oilfields at Mangala, Bhagyam, Aishwariya, and Ravva, among others, will see drilling of additional wells called infill wells in industry parlance.

Sitharaman said the government was holding consultations on the legal status of cryptocurrencies on whether to regulate or ban them, delinking any decision on this from the proposed 30% tax on virtual digital asset transfers.

The $50 million share swap deal will give Avail Finance’s founder Ankush Aggarwal, the brother of Ola chief executive Bhavish Aggarwal, a stake in Ola’s parent entity ANI Technologies, three people aware of the deal told ET.

​​Petrol in Delhi will now cost Rs 98.61 per litre as against Rs 97.81 previously while diesel rates have gone up from Rs 89.07 per litre to Rs 89.87. The four hikes come after a pause of nearly four-and-half-months.

The S&P 500 ended higher on Friday as financial shares rose after the benchmark Treasury yield jumped to its highest level in nearly three years. The Nasdaq ended lower, and tech and other big growth names mostly declined, but they finished off session lows following a late-session rally.

Florintree Advisors backed entities which collectively owned 10% stake in Hyderabad based MTAR Technologies sold shares at Rs 1800 through multiple block deals on Friday.

Though the market reaction could be short lived, as JPMorgan pointed out that the stock is training at a premium valuation that leaves little scope for an upside in the counter.

The meeting of board of directors of the company will be held on Thursday, 31st March, 2022, to consider buyback of the fully paid-up equity shares of the company.