Stock market today, March 20 -- The US Federal Reserve announced its second monetary policy decision of 2025 following a two-day Federal Open Market Committee (FOMC) meeting, maintaining its benchmark interest rate at 4.25-4.50%. This marks the second consecutive meeting where the central bank has held rates steady, following its January policy review-the first decision under Donald Trump's presidency.

The S&P 500 Index surged 1.8% before pulling back toward the close, but still ended with a 1.1% gain-its strongest performance on a Fed-decision day since July. Meanwhile, the tech-focused Nasdaq 100 Index soared over 2% at its peak.

Back home, the domestic equity market closed on a positive note, with the Nifty 50 surpassing the 22,900 m...