No longer a meme stock? ITC may hit fresh 52-week highs in 1-2 months https://ift.tt/uGZPVgv more than 2 decades, ITC has been in a price-wise to time-wise correction and from there it got its tag of meme stock on social media. But, the last year has been very different amid the strong price action as well as brokerage upgrades.
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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