TREND-CONSOLIDATE | RESI 1: 5890, RESI 2: 5930 | SUPP 1: 5840, SUPP 2: 5775 | STRATEGY: SELL ON HIGHS
BANK NIFTY FUTURE
TREND- CONSOLIDATE | RESI 1: 12550, RESI 2: 12625 | SUPP 1: 12400, SUPP 2: 12300 |
STRATEGY: BUY ON DIPS
BUY LAKSHMI VILAS BANK ABOVE 104
BUY ESS DEE ALUMINIUM ABOVE 351
The Reserve Bank of India (RBI) is expected to keep interest rates on hold on Tuesday despite government pressure for a cut, sticking to its guidance that it will not ease monetary policy before early next year as cooling inflation is still too high for comfort.
India can still expect 9% growth in long run: Kaushik Basu
Speaking to CNBC-TV18's Aakansha Sethi, World Bank chief economist Kaushik Basu, reports that t India can still expect 9 percent growth in the long run.
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