Business Standard

M & M First-Quarter Net Up 46.40% To Rs 51.26 Crore

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BSCAL

The first week of the current fortnight is expected to witness easy liquidity scenario with call money rates ruling in the 7.50-8.25 per cent band. The rally in the prices of government securities is expected to continue much the same way as in the last week.

However, easy liquidity and the rally in the security prices may bring in pressure if the Reserve Bank of India (RBI) hits the market with aggressive open market operations (OMO), said dealers.

Money market experts said that since the government borrowing is nearing completion and that the ways and means advance figure appearing comfortable, the central bank may take advantage of the easy liquidity si

 

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First Published: Jul 27 1999 | 12:00 AM IST

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