Power Breakfast: Indian Market Awaits Budget, Strong Rebound In US Markets Ahead Of Feds Policy

There was a strong rebound in the US market ahead of Fed's policy. Experts believe that the US Federal Reserve may hike interest rates by 0.25%. The Dow jumped 370 points to close at the day's high. At the same time, NASDAQ jumped 1.7% and Russell 2000 rose 2.5%. Apart from this, there was strong action in consumer stocks. Shares of General Motors jumped 8% on good results. Today the results of META will come. All eyes on Union Budget 2023 today.