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Although there was no consensus around the peak rate, a clear majority of economists, 13 of 21, expected one more rate hike in June of at least 25 basis points. None expected the central bank to cut interest rates this year.

​Indian Bank, incorporated in the year 1907, is a banking company (having a market cap of Rs 33583.32 Crore).

Shree Cements shares fall 0.43% as Nifty gains

Updated at : 2023-03-21 15:20:03

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The stock quoted a 52-week high price of Rs 27013.0 and a 52-week low of Rs 17900.0.

"Margin outlook is also positive as we expect scale efficiencies to accrue from the new IPs created in FY23E and gaming accessories business," it added.

The Fed is taking steps to provide liquidity in the financial system to ensure that the banking system does not suffer at least from the consumers point of view. Historically, the Fed has ensured the financial market systems come back to normal, and they will take steps to provide necessary liquidity in the systems to ensure that the banking system does not suffer at least from the consumers point of view. However, as things progress, it looks like it is not going to stop only with the two.

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European stocks rose on Tuesday as investors looked to the U.S. for cues on interest rates and banking sector stability. The STOXX 600 index was up 0.9% by 0809 GMT, extending gains after the index sharply recouped intraday losses and closed the session up nearly 1%. The Fed begins a two-day meeting later in the day and after a wild few sessions U.S. interest rate futures pricing implies that a peak in rates is either imminent or already

Dragged by banking, financial and IT stocks, the 30-share BSE benchmark Sensex declined 361 points or 0.62% to settle at 57.629. Sector-wise, Nifty Metal fell 2.35% and Nifty IT declined 1.43%.

Va Tech Wabag, incorporated in the year 1995, is a Small Cap company (having a market cap of Rs 2021.19 Crore) operating in Engineering sector.

Aurobindo Pharma declines 0.14% as Sensex climbs

Updated at : 2023-03-21 14:25:03

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The stock traded at a P/E multiple of 13.93, while the price-to-book value ratio stood at 1.59.

Silver ETF: Should you buy it as silver prices soar?

Updated at : 2023-03-21 14:25:03

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Silver ETFs also have an advantage over SIlver futures which are also traded on the exchanges. The former is traded on exchanges in the form of stocks, Solanki said. Trading in silver futures and for that matter any derivative is complicated while ETFs are much simpler to understand, he added.

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