RBI injects money into banks, Vedanta's Rs 11 dividend, & more - Groww Digest

Monday, 23 March 2026

Mar 23, 2026

Markets opened below yesterday’s closing point.

Nifty 50 fell throughout the day. The fall was due to weak global sentiments from the continued West Asia conflict and rising crude oil prices.

There are only 4 stocks in the Nifty 50 that rose today. Hence, there are only 4 stocks in the ‘Top Gainers’ section.

All sectors’ stocks fell today. Consumer durables stocks and metal stocks fell the most.

Global markets: US markets rose. Asian markets fell. European markets rose (as of 6 pm IST).

News

The RBI has injected Rs 79,256 crore of liquidity into the banking system through an overnight variable rate repo auction to ease tightening cash conditions in the financial markets.
SEBI has eased compliance norms for stock brokers by relaxing demat account reporting requirements and limiting disclosures to accounts used for broking activities.
Central Mine Planning and Design Institute Ltd IPO has been subscribed 0.25 times. Retail subscription: 0.17 times. IPO closes tomorrow (24 March).

Stocks Updates

Tata Steel: the stock exchanges have asked the company to clarify a news report about a low-carbon zinc partnership with Hindustan Zinc.
Vedanta: approved an interim dividend of Rs 11 per share, with 28 March as the record date.
Bosch: and Tata AutoComp formed a 50:50 joint venture to develop and manufacture e-mobility components like electric motors in India.
Apollo Hospitals: completed acquisition of a 30.58% stake in Apollo Health and Lifestyle for Rs 1,254 crore, increasing its ownership to 99.42%.
Info Edge (Naukri): approved an investment of around Rs 15 crore in its wholly owned subsidiary, Startup Investments (Holding) Ltd, to fund future tech investments.
Adani Green: commissioned 510.1 MW capacity of renewable projects in Gujarat..

Word of the Day

Lock-in Period

It is a time period when investors cannot sell or withdraw their investments

Once invested, the lock-in period has to end before the investor can sell or take their money out.

Lock-in periods are common in insurance plans, mutual funds, and IPO shares, but the period can vary.

Companies can keep their funds steady after raising money and promote long term investment through this.

6 Day Course

Theme: biggest crude oil price spikes
Day 1: Monday

Since we are in times when the price of oil is spiking and raising eyebrows, let’s talk about the biggest crude oil spikes in history.

The first one is the 1973 Oil Crisis.

This is the biggest oil price shock the world has experienced. During the crisis, the price of crude oil increased 4-5 times, which means an increase of around 400%!

This was the result of a war. Back then, the supply of oil was very concentrated. A few Middle-Eastern countries were supplying a large portion of the oil to the world.

When a war broke out in the Middle East, many supplying countries banded together to protest against the USA’s policies.

They stopped selling oil to the US and other western countries.

Since then, oil supply has become more diversified with many more countries/regions also supplying significant amounts of crude oil.