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#STREETGAINS #MARKETSVIEW #21MARCH2024
March 21, 2024
On March 20, the Sensex closed higher by 89.64 points (0.12%) at 72,101.69, while the Nifty gained 21.60 points (0.10%) to reach 21,839.10.
US MARKETS
On the recent trading day, the Dow Jones Industrial Average surged by 401.37 points (1.03%) to reach 39,512.13. The S&P 500 also experienced gains, rising by 46.11 points (0.89%) to 5,224.62, while the Nasdaq Composite increased by 202.62 points (1.25%) to 16,369.41.
ASIAN MARKETS
The Nikkei reached a new record high as Asian markets advanced following the Federal Reserve's decision to maintain its projection for three interest rate cuts, with the Federal Funds rate held steady at 5.25-5.5 percent.
OIL & GAS UPDATES:
Oil prices declined on Wednesday after reaching multi-month highs in the preceding session, with investors preparing for the US Federal Reserve's announcement regarding interest rate policy later in the day.
FII/DII DATA:
1. FIIs net SOLD Rs 2,599.19 crore worth shares on 20 March.
2. DIIs net BOUGHT Rs 2,667.52 crore worth shares on 20 March.
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