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While many investors had worried that the Fed would consider higher rates for longer than previously expected, "hearing it directly from Powell is a little different to inferring it from the data," said Chris Zaccarelli, chief investment officer at Independent Advisor Alliance.

The blockbuster week of central bank meetings and speakers rolls on later in the day, with the Bank of Canada setting policy and European Central Bank President Christine Lagarde speaking.

Surpassed the hurdle of the downtrend line at 285levels. Daily RSI shows a positive indication.

A closely watched part of the U.S. Treasury yield curve measuring the gap between yields on two- and 10-year Treasury notes, seen as an indicator of economic expectations, was at -106 basis points, its deepest since August 1981, according to Refinitiv data. Such an inversion is seen as a reliable recession indicator.

The brokerage is bullish on the counter considering the anticipated improvement in the margin trajectory, better capital allocation, and reasonable valuation.

First, and as detailed in my earlier column arguing that the Fed should not downshift from 50 to 25 basis points on Feb. 1 (as it subsequently did), the central bank seems to lack a comprehensive assessment of policy risks in today’s inherently fluid domestic and global economy.

However, risk to the bullish rupee view stems from the possibility of the Reserve Bank of India buying dollars around 81 levels to rebuild its reserves which were used in defending the currency last year, according to Mittal.

"Many categories have been digitised which has resulted in increased spends from existing customers using their credit cards," said Rama Mohan Rao Amara, MD & CEO, SBI Card.

In an oral order, the bench directed Suraksha to form a committee to immediately start construction, monitor the day to day progress of the construction and file a monthly update with the court. The full order was yet to be uploaded on the court website, till press time.

The survey was initially planned to be conducted during the period January-December, 2020 but the field work was extended till August 15, 2021, due to the Covid-19 pandemic. The NSSO carried out the survey covering the entire country in its 78th round. The survey said that 34.9 % persons aged 15-29 years were in formal and non-formal education and training for the 12 months preceding the survey.