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RBI policy updates today 4th Oct

Discussion in 'Fundamental Analysis' started by nivezastock, Oct 4, 2016.

  1. nivezastock

    nivezastock New Member

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    #Nivezareview on RBI policy updates today 4th Oct:

    New RBI Governor Mr. Urjit Patel has delivered what has been expected by the street. Market is looking in much better position after recovering from the strike drag down. This move can take the market to some break out levels. Before U.S. elections, repo cut could enhance the sentiments of the investors to keep invested in the market and again in the same year, further repo cut is expected. This will surely help to digest U.S. Fed policy.

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