Among sectors, PSU Banks, led by SBI, Realty and Defence stocks are up the most. Shares of Kalyan Jewellers have hit 10% upper circuit after upbeat Q3 results.
The remarks come amid a broader push by New Delhi to deepen trade ties, diversify supply chains and expand export opportunities across goods and services.
Banking liquidity in India resembles a movie today. Ask a few economists or bankers about it, and you're likely to walk away unsure whether the current surplus liquidity is sufficient or not.
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