The counter is showing strong bullish momentum and is ready to come out of more than 1-year of consolidation with a fresh lifetime high that may lead to a fresh expansion phase where Rs 1000 looks like an imminent target.
RBI: Govt to buy back bonds worth Rs 40,000 crore; move to ease tight liquidity
The unexpected move is also seen bringing down yields on short-term government bonds, as the three securities that the government has chosen to buy back