Goldman Sachs sold 89,314 shares of TeamLease Services for ₹17.5 crore via a block deal. The stock has declined 32% year-to-date and underperformed Nifty. The sell-off follows a weak performance, with shares trading below key moving averages.
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,