The discount in the auction on Wednesday was 30 paise, while the previous OMO auctions have seen discounts of 40-50 paise. The next OMO purchase is scheduled for March 18, where the liquidity deficit is expected to widen after quarterly advance tax-related outflows.
See Nifty@23,000 in 3 months and 25K in 12 months: Goldman Sachs
Sunil Koul, Emerging Market Equity Strategist at Goldman Sachs, forecasts the Nifty to be range-bound at 23,000 in the next three months due to global