The RBI said it will conduct a 14-day VRRR auction worth ₹2 lakh crore on June 2 from 10:30-11:00 am IST. The date of reversal of the VRRR is June 16.
Indian markets opened muted, with Nifty hovering near 26,000 as momentum cooled post-record highs. Broader markets face strain, prompting caution. Analysts suggest Nifty will consolidate
Investors are closely watching sectors like banking, manufacturing, auto distribution, and aviation after a recent rate cut. Analysts see temporary margin pressure for banks and
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