China's central bank conducted a medium-term loan operation on Wednesday while keeping the interest rate unchanged. The People's Bank of China (PBOC) issued 300 billion yuan ($41.10 billion) worth of one-year medium-term lending facility (MLF) loans to some financial institutions at 2.00%, unchanged from the previous rate, according to an online statement from the bank.
Open FlipOn Tuesday, Benchmark indices concluded the trading day on a negative note as Sensex closed down by 0.09% at 78,472.87, while Nifty closed down by 0.11% and closed at 23,727.65 level. Market volatility, as indicated by India VIX, declined by 2.51% and is trading at level of 13.18 reflecting a fall in market volatility. Top 3 P-V breakout stocks: đź“ŚGreaves Cotton, đź“ŚRBL Bank, đź“ŚHindustan Motors.
Open FlipAt least 157,066 startups have been recognised by Department for Promotion of Industry and Internal Trade (DPIIT) to date and 759,303 users are registered on the portal (as on December 25), the government said on Wednesday. The country now has more than 73,000 startups with at least one-woman director that have been recognised under the 'Startup India Initiative'.
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