Dow, S&P 500 ease as rate worries mount, banks shares dip https://ift.tt/rfqhsQa also eagerly awaited results and a forecast from chip company Nvidia due late on Wednesday. Its blockbuster report last quarter fueled a rally in tech stocks and artificial intelligence hopes.
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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