Reliance Industries’ treasury department is exploring strategies to manage its cash reserves amid potential interest rate hikes by the Reserve Bank of India. Traders are considering shifting funds to short-dated money market instruments, anticipating capital gains as yield spreads are expected to narrow. The company’s discussions precede an upcoming RBI rate decision, with markets anticipating potential hawkish measures.
Did HEG shares really crash 64% in one day? Here’s how the demerger math works
HEG shares opened nearly 64% lower on Monday as the stock adjusted for the company’s demerger, which split its businesses into two separately listed entities.