NEWS do impact market as it decides the present and future fundamentals of companies and stocks. This week on Monday we have seen the event of RBI's credit policy (Central bank of India), this event decides the interest rates and have high impact on markets. Out come of RBI's policy was it kept the interest rates unchanged, but market was expecting a rate cut this time. Hence we have seen heavy ... [Continue Reading]
RBI Interest Rate Policy, Which Direction to Trade Nifty Future Today
RBI will cut interest rates in its monetary policy, credit policy, there are rumors in street and many analysts are expecting the same. Market analysis says, inflation was in control after a long struggle. Now there is need to shift the focus on growth rather than inflation, we have seen inflation and monetary tightening has almost paused the growth of different sectors. Continuous weakening of ... [Continue Reading]
RBI January Credit Policy Announced, CRR Cut by 50 bps Other Interest Rates Same
Reserve Bank of India (RBI) keeps the interest rates unchanged today on January Credit policy but it has cut CRR (cash reserve ratio) by 50 bps (basis points), this will infuse liquidity in the banking system also this has indicated that RBI has shifted its policy for talking inflation to pumping growth. Today's cut has lowered the CRR to 5.50% from previous 6.00 % and this will result in pumping ... [Continue Reading]
Intraday Trading Analysis for Nifty Futures Today, Trading the RBI credit Policy Sell Nifty Futures, For Target 5520
Nifty futures seen deep correction just after the RBI declared its credit policy, hiking the interest rates, reverse repo and repo by 50 bps basis points and keeping the CRR cash reserve ratio unchanged at 6%. This has brought intense selling in the banking stocks like ICICI BANK, STATE BANK OF INDIA, HDFC BANK. This panic selling came from the major market participants, as this was unexpected by ... [Continue Reading]