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Markets cheer RBI’s move to provide liquidity window to mutual funds during an otherwise uncertain market

Equity markets have gained for a second straight week as the government tries to combat Covid-19 fears.

Package announced to protect the poor from impacts of the 21-day nationwide lockdown.

Inflows are expected to touch ₹495 billion by 2021.

Industry players expect consumption to go up post the rate cut.

The repo rate was slashed by 25 bps to boost the economy.