The week ending March 21, 2025, has seen the market favourable for the bull, whereby NSE and BSE have ended in green for all 5 days. On March 17, NSE and BSE ended in green with a rise of 0.50% and 0.46%, respectively. The gain in the market continued till March 20, 2025. The market witnessed strong buying activity on the last day of the week on March 21, 2025, whereby NSE and BSE soared 0.69% and 0.73%, respectively.
Roundup of Major News This Week
- From March 17 to March 20, Gold prices continued their gaining streak and touched $3,052.92 per ounce.
- IndusInd International Holdings Ltd (IIHL) has completed the acquisition to acquire debt-ridden Reliance Capital (RCAP) by transferring the entire bid amount to the lender.
- US Federal Reserve kept its benchmark interest rate unchanged and indicated that it still anticipates two rate cuts later this year.
- As per the data released by EPFO for January 2025, there was a net increase of 17.89 lakh members indicating a growth of 11.48% in net payroll additions against December 2024.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in securities market are subject to market risks, read all the related documents carefully before investing.
