The RBI’s seven-day VRRR auction was undersubscribed as banks favored lending in the overnight market due to higher rates. Lower participation was also linked to CRR reporting on Friday. The auction aimed to manage liquidity and keep overnight rates within the LAF corridor, signaling the RBI’s discomfort with a large liquidity surplus, currently at ₹3.15 lakh crore.
Metal stocks set for strong year as domestic demand strengthens: Dharmesh Kant
Despite U.S. rate cuts, IT sector growth remains subdued due to AI disruption, with midcap services firms offering better prospects. Aviation faces near-term pain from