The MIBOR, in turn, is used as a benchmark or reference for derivative products such as interest rate swaps, forward rate agreements and term deposits and certain types of debt instruments issued by firms to raise money.
Dharmesh Shah sees strong support at 25,500–25,700; expects Nifty to rebound towards 26,100 soon
Indian markets saw pressure with Nifty dipping below key support. Analysts believe this is a healthy correction within a bull trend. Nifty is expected to