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Gold is highly sensitive to rising US interest rates, as that increases the opportunity cost of holding the non-yielding metal and boosts the dollar. Falling US Treasury yields supported the precious metals, said Rahul Kalantri, VP-Commodities, Mehta Equities. "Some potentially positive news coming out from China is also positive for the metals market."

Macquarie maintained an outperform rating on Tech Mahindra with a target price of Rs 1230. Another brokerage firm BofA maintained a buy call on Tech Mahindra with a target of Rs 1180. Deal closures need watching in the forthcoming quarters, the brokerage said.

ICICI Bank Ltd., incorporated in the year 1994, is a banking company (having a market cap of Rs 632054.41 Crore).

The Nifty Pharma index closed 2.12 per cent up at 13492.05.

TCI Express Ltd. key Products/Revenue Segments include Freight & Demurrage for the year ending 31-Mar-2022.

“Globally markets are waiting for the Fed commentary tonight. 75 bp rate hike is given and already discounted by the markets. So it will be the Fed’s commentary and probable guidance that would be market moving. The Fed is likely to continue with its hawkish stance but any mildly dovish signal will be positive for markets,” V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services said.

Barring the US dollar-pegged Tether and memecoins, all other top crypto tokens were trading lower. Dogecoin surged another 10%, whereas Polygon and Polkadot plunged 5% and 4% respectively.

Bharat Electronics Ltd., incorporated in the year 1954, is a Large Cap company (having a market cap of Rs 79932.43 Crore) operating in Defence sector.

“This stock had a strong rally from the levels of Rs 63.50 to the levels of Rs 536 post Covid, corrected back to the levels of Rs 366 where it found support. It can be observed that the stock has been consolidating for the past three quarters & is likely to resume its next leg of up move,” Sujit Deodhar, Head - Technical Analyst, Wellworth Share & Stock Broking.

“If despite the tailwinds in its heyday, Byju’s was not profitable or did not create a buffer, then how is it going to weather even a simple storm? That is the hard hitting reality. There is definitely a marketplace for edtech across the education value chain but it did not grow in a measured fashion and from that perspective, now is the time to make deep cuts.”