Nifty up over 1%, FPIs turn net buyers https://ift.tt/xiG0HkL prices fell over recessionary fears. However, the fall has boosted the appetite for consumption, chemicals, logistics, and OMCs as it will reduce the cost burden of these sectors."
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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