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Market Sentiments

Slowing wholesale price inflation has raised expectations that the Reserve Bank of India (RBI) will cut its key policy rate viz. the repo rate to boost economic growth. The (RBI) will announce the Monetary Policy Statement 2013-14 on Friday, 3 May 2013. The RBI cut its key policy rate viz. the repo rate by 25 basis points to 7.5% after a mid-quarter monetary policy review on 19 March 2013.

Question is...

Nifty Spot 5700 <------------- Or -------------->­ 6100 ???...

Bank Nifty 12000 <------------- Or -------------->­ 13000+ ???...

Comments

  1. Abhikhos273 May 2013 at 12:23

    There was only 25 basis point cut so now the market are headed lower on monday i.e 6 th May 2013 they open higher but that shall be an opportunity to go short on them

    ReplyDelete

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