26 July 2014, 06 : 34
MARKET VIEW DATED 25 JULY 2014
Stock markets concluded at yet another record high and a record close. The winning
streak continued for the 8th day in a row. Markets opened sluggish and traded with
marginal losses up to the first half of the session. A sudden spurt was seen in
the second half after which SENSEX closed at 262..
Rs in Cr.
RBI POLICY REVIEW – MUCH BETTER THAN MARKET EXPECTATIONS
The RBI extended a welcoming hand to the new Prime Minister. While leaving rates on hold, as expected, India's central bank cut the statutory liquidity ratio and struck a dovish tone in its statement.
While reiterating their goal of bringing headline CPI down to 8% by January, officials noted that ..