The Reserve Bank of India injected over ₹40,000 crore into the banking system through two operations, addressing a liquidity deficit that breached ₹2 lakh crore. The RBI accepted ₹30,760 crore from overnight VRR auction and ₹9,892 crore from government securities buyback. Another VRR auction of ₹50,000 crore is announced for Friday, to be reversed on Monday.
These 10 stocks tumble more than 50% from their 52-week highs
Nearly 40 stocks in the Nifty 500 have plummeted over 50% from their 52-week highs, with names like Sterling & Wilson, Raymond Lifestyle, and OLA