Like in past, will markets rise soon after Fed move? https://ifttt.com/images/no_image_card.pngBetween December 2015 and December 2018, the Fed increased rates by 200 basis points. During this period, the Nifty gained nearly 40%, while the Dow Jones index gained 31%. Between March and December 2018, the Fed rate went up by 100 bps, and the Nifty gained nearly 9%.
Government's cash surplus tops Rs 3.4 lakh crore https://ift.tt/54P3HSG from the deceleration in government spending, higher direct tax collections and a likely sharp rise in issuances of Treasury Bills by the Centre in FY24 were factors pushing up the government's cash balances, analysts said. The flow of government cash balances to and from the banking system is a key factor that influences liquidity conditions.
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