This feeds into the consumer cycle as well. So, the setup in terms of the corporate and economic background is very good. However, in the past two years, because of the sharp rally, some areas have become a little expensive. That’s why markets are now looking for milestones.
Banking system liquidity back at surplus; markets see signs of softer RBI stance
For seven days in September, the RBI injected funds into the banking system, signaling deficit liquidity conditions caused by the combined impact of quarterly advance
September 27, 2024