RBI only reduces CRR by 0.25% to 4.5% ~ keeps repo and reverse repo rates unchanged ~ Sensex and Nifty will react from Morning Highs though sentiment will remain bullish

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EXPECT INDICES TO REACT FROM MORNING HIGHS TODAY as RBI only reduces CRR by 0.25% to 4.5% ~ keeps repo and reverse repo rates unchanged Had blogged earlier of  strong indication of a CRR Cut today Sensex was up 175 points this morning at 18650 levels and Nifty was up 75 points at 5650 levels …

RBI only reduces CRR by 0.25% to 4.5% ~ keeps repo and reverse repo rates unchanged ~ Sensex and Nifty will react from Morning Highs though sentiment will remain bullish Read More »