Indices gain 1% on short covering, traders see choppy days ahead https://ift.tt/KXAwqrm Nifty rose 215.15 points, or 1.01%, to close at 21,453. The Sensex rose 689 points, or 0.98%, to end at 71,060.
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.
Comments
Post a Comment