Nifty’s pullback rally hints at improving market sentiment https://ifttt.com/images/no_image_card.pngThe Nifty is forming bullish candle on weekly scale with its higher-high higherlow sequence and supports are gradually shifting higher. India VIX was up by around 13% last week and has been falling for the last seven consecutive sessions, suggesting some comforts for the bulls.
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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