The ₹75,772-crore liquidity will be reversed on Tuesday. The move is aimed at easing the liquidity conditions and prevent the call money rates from shooting sharply above the current repo rate of 6.5%.
If we adjoin that trend line, the support comes in at around today’s low only. But overall, the way it has come down from the
When you look at the relative valuations, India in relation to Asia ex-Japan, that argument becomes even more egregious. India is on a forward PE
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