Bulls had gala time on Dalal Street as 46 smallcap stocks gave double-digit weekly returns https://ift.tt/QnqBkLe Chemicals was the top gainer, clocking nearly 42% returns last week. The stock also scaled an over three-month high of Rs 584.90. Many realty stocks made to the outperformers’ list. Shares of Prestige Estates Projects, DLF, Godrej Properties, and DB Realty gained 7-18%.
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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