Railway stocks including Railtel Corporation of India, Ircon International, and IRFC are surging to new highs as the market anticipates the Modi 3.0 government’s budget announcement on July 23.
Market participants are expecting additional liquidity support via variable rate repo (VRR) auctions and open market operations (OMO) purchases, both planned and unplanned, along with
Torrent Group is in the final stages of acquiring around 66% of the IPL team Gujarat Titans, valuing the franchise at about Rs 7,500 crore.
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