Nifty may hit 18,600 on strong momentum: Analysts https://ifttt.com/images/no_image_card.pngNifty is holding on at a higher support base and we expect positive momentum to continue to drive the index to higher zones. Mechanical indicators are giving a bullish crossover which indicates up-move momentum could continue in the coming sessions.
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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