NIFTY SPOT
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
TG-105/106.2/107.7
SL-102.7
BUY ESS DEE ALUMINIUM ABOVE 351
TG-354/358/363
SL-347
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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