What should investors do with J&K Bank, APL Apollo and Castrol India? https://ift.tt/jfJDMmb that were in focus included names like Jammu and Kashmir Bank which was up nearly 4%, APL Apollo Tubes which rose nearly 2%, and Castrol India which hit a fresh 52-week high on Tuesday.
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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