scorecardresearchMarket Wrap: Top news and market movers this week: 18 March 2022

Market Wrap: Top news and market movers this week: 18 March 2022

Updated: 23 Mar 2022, 12:29 PM IST

From top newsmakers to market performance, here's the market wrap for the week ended March 18, 2022.

File Photo.  

File Photo.  

Top News

1. SEBI in a circular has clarified, existing mandates used for mutual transactions can continue to remain in the name of OTM holders. Additionally, Two-Factor Authentication via an OTP on unitholder’s email/phone shall be used for redemption orders.

2. India’s direct tax collections surged by 48% to 13.63 lakh crore till March 15 compared to 9.24 lakh crore for F.Y. 20-21.

3. The US Federal Reserve raised the interest rates by 25 basis points to a target range of 0.25% to 0.5%, the first increase since 2018.

4. HSBC AMC has launched the NFO for HSBC Crisil Ibx 50:50 Gilt Plus SDL Apr 2028 Index Fund. The NFO closes on March 28.


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Kuvera is a free direct mutual fund investing platform. Unless otherwise stated data sourced from BSE, NSE and

First Published: 19 Mar 2022, 03:04 PM IST