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RBI Repo rate cut by 25bps, 02 Jun Sensex & nifty under pressure

Discussion in 'Stock Market News & Analysis' started by shruti417, Jun 2, 2015.

  1. shruti417

    shruti417 New Member

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    RBI has tried to cut your loan EMI. RBI cuts repo rate by 0.25 per cent has announced, that the repo rate now is 7.25 per cent. The reverse repo rate is 6.25 per cent. While the RBI has CRR unchanged. So CRR will continue at 4 per cent.

    The Sensex is down 315.71 points or 1.13% at 27533.28 and The Nifty index is declined 100.25 points or 1.19% at 8333.15. About 846 shares have advanced, 1174 shares declined and 128 shares are unchanged.... Read More
     
  2. stocktipsguru

    stocktipsguru New Member

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    Stock To Buy And Sell

    1. Adani Ports is a SELL call with a target of Rs 295 and a stop loss of Rs 325

    2. Sun TV is a SELL call with a target of Rs 341 and a stop loss of Rs 375

    3. RIL is a BUY call with a target of Rs 935 and a stop loss of Rs 895
     
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