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Coming RBI Policy

I believe market will behave in more negative way if RBI increase CRR rate in coming policy otherwise rate hike in Repo & Reverse Repo would have neutral effect, cuz I think rate hike is already been discounted in Banking Stocks & Bank Index.

Imp note:- BankNifty is trading below its 200 DMA which is 10864

Labels: Market View

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Disclaimer

Considering general audience some of the idea expressed in this blog might sound radical to some of you. But my no mean the idea expressed here is my final thought or I endorse it. I have just express my thought or experience as an when it pass through my mind or life and just put it in word. By no means the content over here is to offend any religion or any national or anybody...