The Reserve Bank of India bought bonds worth ₹40,000 crore through open market operations to increase liquidity in the banking system. This brings their total bond purchases in February to ₹80,000 crore. Market participants anticipate further liquidity injections through similar operations or repo auctions. RBI had also made significant bond purchases in January.
Negative Breakout: Suzlon Energy among 8 stocks that crossed below their 200 DMAs
In the Nifty500 pack, eight stocks’ closing prices crossed below their 200 DMA (Daily Moving Averages) on July 28, according to stockedge.com’s technical scan data.