Market jumps after RBI's liquidity measures; Former FM P Chidambaram welcomes the move

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The markets jumped after the Reserve Bank of India announced liquidity measures worth ₹50,000 cr for Mutual funds. Sensex up by 714 points, while Nifty is up 2.27%. Former Finance Minister P Chidambaram welcomed RBI’s move for Mutual Funds. In a tweet, P Chidambaram said, ‘I am glad that RBI has taken note of the concerns expressed two days ago and requesting prompt action.’
Our correspondents Heena Gambhir & Ruchi Bhatia bring more details. Listen in!

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