Both companies likely sold commercial papers (CPs) that offered 5.99% and 5.92%, respectively, with about 90-day maturities.
Derivatives business faces a structural reset post FY25 regulatory changes, with growth now driven by a smaller but stable customer base, increased market volatility, and
Indian equities have staged a sharp recovery, with Nifty up 9% this month, surprising bears who anticipated a deeper dip. Despite geopolitical tensions, market sentiment
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