: Latest #StockMarketNEWS by #MunafaSutra daily updates NFOs likely to see lower flows over weak investor sentiment, lockdown In march, collections had declined close to 50% from previous month Select real estate shares surge

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Latest #StockMarketNEWS by #MunafaSutra daily updates

NFOs likely to see lower flows over weak investor sentiment, lockdown
In march, collections had declined close to 50% from previous month

Select real estate shares surge after RBI announces liquidity measures
The real estate index rallied 6.5 per cent in intra-day trade

Rupee can depreciate another 4% despite RBI's liquidity support measures
The rupee did not react much to the measures announced since this was more towards a short-term liquidity measure which the markets had expected from the
rbi.


RBI actions will act as lifelines for NBFCs; await steps on bond buying
In his bid to fight the coronavirus (covid-19) induced slowdown, the governor has made it clear that he doesn't want banks to park money with the rbi.

RBI measures are good; markets will recover only when Covid-19 cases dip
Nifty is unlikely to see a new low, provided there are no negative surprises as regards covid-19 cases.


Financials in focus post RBI meet; Axis Bank, RBL Bank, Bajaj Finserv rally
Among individual stocks, shriram transport finance, indiabulls housing finance, cholamandalam investment and finance company and bajaj finserv were up
more than 5 per cent on the nse



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