The Reserve Bank of India has been managing surplus liquidity in the banking system. The goal is to align the weighted average call rate with the repo rate of 6.50%. However, rates in the tri-party repo segment have been below the repo rate for four months. The Treps rate was 6.34% in October and 6.42% in September.
Energy stocks unlikely to rally without crude surge: Anand Tandon
Anand Tandon suggests limited near-term movement in the energy sector, favoring grid infrastructure investments over oil and solar. While geopolitical tensions and Russian oil sanctions