#RBI Reduced Rate By 25bps #Markets #Nifty #Sensex

Gentlemen,

RBI has reduced the Repo rates by 25bps in latest move and together with earlier softening of rates, it paves the way for being optimistic on the equity front. The next general election will bring out a lot of money out of the politicians’ pockets and this will result in increased liquidity of very high order. This has been happening in India for a long time and this time too the markets which have been subdued for far too long have to reverse their course.

HariOm,
krsnaKhandelwal

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s