An injection of funds by the RBI implies deficit liquidity conditions in the system. Outflows on account of quarterly corporate advance taxes and goods and services tax have drained banks of funds.
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