The markets managed to stay above crucial support levels on Friday, coming off the high point of the day. Monday is a Mahurat session that generally stays quiet and positive but is more symbolic in nature. However, with strong and stable global markets, the domestic ones are likely to see trading with a positive bias. The FMCG sector is showing good performance, which opens up the possibility of stock-specific show from the group.
WACR tops repo rate for first time in nearly 2 months
Liquidity in the banking sector has contracted to below ₹5 lakh crore, causing the weighted average call rate to rise to 5.31%. The Reserve Bank