Q2 results, yield movement, FII flows among 7 factors likely to move market this week https://ift.tt/tJSPCbT benchmark indices ended the week with a net loss of over 1% due to factors such as rising US bond yields, firm crude oil prices, and weak earnings from IT companies. The upcoming week is expected to be volatile as several companies are set to release earnings and the October derivatives expiry is due. The Nifty 50 may trade within a range of 19,300 to 19,850, with the potential for a significant move in either direction
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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