The positional trend and the overall trend has been down, but we need to see whether this 23,500 is holding on closing basis or not because the FIIs long to short ratio has reached to the oversold territory in the index future.
Banks unlikely to reduce deposit rates despite RBI easing
Following the latest repo rate decrease, bankers foresee only slight adjustments to deposit rates. The landscape, characterized by sluggish savings yields and elevated credit-deposit ratios,