The multiple price auction method was suspended by the RBI for most debt auctions in July 2021 amid severe market volatility due to sharp increases in government borrowing during the COVID crisis. While the method encourages deeper price discovery for bonds, it can result in higher cost of borrowing for the issuer – the government in this case – when market conditions are adverse.
Eternal shares soar 15% to hit record high after Blinkit’s stellar Q1 show. How should you trade now?
Eternal, parent of Zomato and Blinkit, saw shares jump despite a profit dip. Revenue grew strongly, fueled by quick commerce. Blinkit’s performance is notable. Brokerages