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Watch out for these penny stocks locked in the upper circuit on March 23

The US treasury secretary's announcement that not all banking deposits would be insured contributed to the market's downward trend.

Kaustubh Bhosale 0 1207 Article rating: 3.9

On Thursday, Indian stocks experienced a decline, driven by IT stocks, in response to the Federal Reserve's continued efforts to combat inflation, despite signalling a potential pause in interest rate hikes.

Watch out for these penny stocks locked in the upper circuit on March 22

The global focus is on the decision of the US policymakers led by Fed Chair Jerome Powell, regarding the key interest rate, which will be announced at 11:30 pm India time.

Kaustubh Bhosale 0 548 Article rating: 3.8

This comes after a strong trading session on Tuesday, where the market nearly regained the losses from the previous day.

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