RIL falls over 3%: most negatives priced in, GRMs still a concern https://ift.tt/uoG6bQx said the stock, which has been hit by worries around the windfall tax on diesel and gasoline exports recently, has priced in most of the negatives and valuations are attractive though a runaway rally is unlikely soon.
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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