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The Dow Jones Industrial Average rose 599.1 points, or 1.82%, to 33,544.34, the S&P 500 gained 89.34 points, or 2.14%, to 4,262.45 and the Nasdaq Composite added 367.40 points, or 2.92%, to 12,948.62.

The Rs 604.76-crore open offer by the Burman group to acquire an additional 26 per cent in Eveready Industries is slated to open on April 26.

Treasury yields surged ahead of the Federal Open Market Committee decision, buoying the dollar against its Japanese peer, with traders fully priced for a first interest rate hike in three years, and giving 13% odds of a half-percentage point increase.

Fed Chair Jerome Powell has said he favors increasing the benchmark interest rate by 0.25 percentage points from zero, where it has been since March 2020.

Berger Paints (India) Ltd., incorporated in the year 1923, is a Large Cap company (having a market cap of Rs 67550.69 Crore) operating in Building Materials sector.

“I believe the China lockdown situation should de-escalate within a week. We have a production cover till April. We have inventories with us but if this shutdown continues beyond three-four weeks, then we will have some difficult times this quarter. in certain categories we will have a global export competitiveness and export play and those categories will be LED lighting where we will start exporting in the next couple of quarters. We are already exporting mobiles to North American markets.”

The Nifty Pharma index closed 0.25 per cent down at 13318.85.

Many large U.S. states have attracted signifiant bitcoin mining investment in recent months, but Kentucky is emerging as a small powerhouse.

The government is expecting lower yields on green bonds, as otherwise it sees little purpose in issuing them, the officials said. The yield on the 10-year sovereign bond closed at 6.85% on Monday.

As of 31-Dec-2021, promoters held 74.07 per cent stake in the company, while FIIs held 12.53 per cent and domestic institutional investors had 4.39 per cent.