The Reserve Bank of India has been managing surplus liquidity in the banking system. The goal is to align the weighted average call rate with the repo rate of 6.50%. However, rates in the tri-party repo segment have been below the repo rate for four months. The Treps rate was 6.34% in October and 6.42% in September.
Largecaps showing no fundamental change despite market bounce: Nischal Maheshwari
Investors are closely watching sectors like banking, manufacturing, auto distribution, and aviation after a recent rate cut. Analysts see temporary margin pressure for banks and