Markets rebounded strongly as benchmarks surged, supported by domestic triggers and improving technicals. Midcaps climbed to fresh highs, Bank Nifty broke out, and analysts expect continued upside while key macro events guide sentiment and near-term volatility.
RBI eases restrictions on cash credit accounts, eases current account norms
The Reserve Bank of India has lifted all restrictions on banks opening and maintaining cash credit accounts, offering greater flexibility for short-term working capital loans.