The Nifty50 started the week with a bullish candle and up move, with muted pace for most of the week was witnessed. It eventually closed higher by 1.34% or 166 points at 18,311 levels.
Banks unlikely to reduce deposit rates despite RBI easing
Following the latest repo rate decrease, bankers foresee only slight adjustments to deposit rates. The landscape, characterized by sluggish savings yields and elevated credit-deposit ratios,