The Reserve Bank of India will conduct a 7-day variable rate reverse repo (VRRR) for ₹1 lakh crore on July 4 to absorb surplus liquidity, which surged to ₹3.75 lakh crore. Government spending and previous liquidity measures have contributed to this surplus.
Nifty can cross 32K in 2026 bull case scenario: Kotak Securities
In a recent note, domestic brokerage firm Kotak Securities has projected a bull case target of 32,032 for the Nifty 50 index by December 2026,