Tech View: Nifty50 sees selling at high; consolidation may continue https://ift.tt/ojmqLKf Mohammad of Chartviewindia.in said that the day's chart depicted a shooting star-like candle with a long upper shadow. Tuesday's selling, according to him, has come from a massive supply zone present in 15,900-16,172 range.
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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