The Fed keep its interest rates unchanged at 5.25 percent to 5.5 percent, in line with market expectations, even as it held onto their outlook for three cuts in 2024
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A rise in the platform business and deal wins put Intellect in a sweet spot to grow revenue at a double-digit rate and achieve margins, like global players which enjoy over 30 percent operating margins.
Read MoreForeign Direct Investment (FDI) in India has witnessed a significant downturn, declining by 38.4% year-on-year to $15.41 billion in the first ten months of the current financial year.
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Stocks to watch: Check out the companies making headlines before the opening bell today, on March 21, 2024.
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Praj Industries climbed above all key moving averages in a single day and formed robust bullish candlestick pattern on the daily charts with significantly higher volumes.
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On the higher end, the resistance is placed at 21,900-22,000 for the Nifty 50.
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