The US central bank Federal Reserve has decided to keep the interest rates stable. After the Fed meeting, the global markets have seen a boom, due to which the major benchmark index Nifty and the Sensex opened on Thursday i.e. March 20. Sensex and Nifty opened in green mark at 9.30 am. The Sensex opened up to 75,986.26, while the Nifty +151.90 points increased to 23,059.50.
US central bank Fed kept interest rates stable
It is important to note that the US central bank Federal Reserve has decided not to cut interest rates once again. At the Federal Open Market Committee meeting, the Federal Reserve maintained interest rates at the current level of 4.25 – 4.50 percent. For the second consecutive time in 2025, the US central bank has decided to leave the interest rates unchanged. There was no change in interest rates even in January.
How was the market performance on Wednesday?
The local stock markets closed for the third consecutive day on Wednesday. The BSE Sensex rose 147.79 points or 0.20 percent to close at 75,449. NSE Nifty 50 also rose 73.30 points or 0.32 percent to close at 22,907.60.
However, after a day interval, the FII remained again pure seller in the Indian stock market. He sold shares worth Rs 1,096.50 crore on 19 March 2025. On the other hand, DII bought Indian shares worth Rs 2,140.76 crore.