IDFC First points to connivance of staff and outsiders in branch fraud
IDFC First branch fraud case: The transactions were executed using forged cheques and manually carried out at the branch, managing director and chief executive V Vaidyanathan told ET.
RBI likely to infuse Rs 5 lakh crore into market in FY27
Economists anticipate the Reserve Bank of India will inject at least ₹5 lakh crore through liquidity operations next fiscal year. This move aims to balance a significant supply-demand imbalance in the bond market, facilitating effective transmission of past rate cuts and controlling borrowing costs amid substantial issuances.
Bulls may lose vigour near 26,000; support at 25,200: Analysts
Nifty is poised for a range-bound week, facing strong support near 25,200. Analysts suggest gains may be limited around 25,650. Traders are advised to watch for a decisive breakout. Specific stock recommendations include Bajaj Finance, Dixon Technologies, Bharat Electronics, Tata Steel, Navin Fluorine, and Colgate Palmolive. Strategies focus on navigating this anticipated market movement.