Kotak Mahindra AMC’s Abhishek Bisen explains the RBI’s liquidity management strategy. Month-end spending could push overnight rates below the central bank’s comfort zone. The RBI is using VRRR to fine-tune liquidity, aiming to keep overnight rates between 5.25% and 5.5%, avoiding a situation that would negate previous rate cuts.
Kaynes shares plunge 43% from October peak. Is a tactical rebound on the cards or more pain ahead?
Kaynes has plunged 43.5% from its October peak, with Friday’s 12.5% drop marking the steepest single-day decline. Momentum indicators remain bearish, signaling a risk of