RBI Adopts The Right Course

I take this opportunity to tell you that today our new RBI Governor Mr Urjit Patel has boldly given the economy a push by reducing policy rates by 25 basis points (0.25%).

I would now also dare to announce as per my own little understanding of markets and the economy that with another cut in rates by 25 basis points , Nifty should be crossing 10000 mark by the turn of financial year or at least by August 2017.

Krishna Khandelwal

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