Total open interest, or outstanding positions, in HDFC’s stock futures has surged by 115% to 4.19 lakh contracts – a record build-up – after its third-quarter results with most of them being short positions, said Ruchit Jain, lead research analyst at 5Paisa.com.
Banks unlikely to reduce deposit rates despite RBI easing
Following the latest repo rate decrease, bankers foresee only slight adjustments to deposit rates. The landscape, characterized by sluggish savings yields and elevated credit-deposit ratios,