In its earlier auctions, the RBI accepted bids worth a smaller quantum than the total notified amount of the auction. This is because the central bank and the government were likely uncomfortable with the price levels that banks were earlier offering. The RBI is the manager of the government’s debt.
Nifty surges 300 points as investor sentiment lifts markets. Will the rally last?
Stock markets now seem to have digested the uncertainty related to global tariff wars on hopes of lesser disruption and trade agreements by major economies.
May 23, 2025