Hotel, liquor shares gain post RBI policy; Indian Hotels hits 52-wk high
Shares of hotels, restaurants and its related business companies rallied up to 10 per cent on the BSE in intra-day trade on Friday after the Reserve Bank of India (RBI) announced a separate liquidity window of Rs 15,000 crore, to be opened till March 31, 2022, for contact-intensive sectors.
“In order to mitigate the adverse impact of the second wave of the pandemic on certain contact-intensive sectors, a separate liquidity window of Rs 15,000 crore is being opened till March 31, 2022 with tenors…
