The latest Reserve Bank data indicates that in the July 15 fortnight it fell to Rs 26,000 crore as one of the biggest issuers-HDFC is now out of the market. Fresh issues have been slowing since June this year. Interest rates ranged from 6.7 per cent to 13.1 per cent during the fortnight. Significantly fresh issues fell even as the rates have not hardened and have remained range bound around 6.7 percent since May
Market Trading Guide: Tata Steel and Uno Minda are stock recommendations for Monday
Indian benchmark indices ended in the red on Thursday dragged by auto, IT and metal bank stocks. While Nifty closed at 22,397.20, down by 73.30