RBI policy booster to the Market
RBI policy booster to the Market
1) RBI yesterday announced some major policy decisions
2) Rate cut by 0.5% and CRR cut by 1%
3) This will make loans cheaper which is very good for real estate sector.
4) This will infuse additional liquidity in Banks by approx Rs. 2.5 Lacs Cr.
5) This gave big momentum to the bank nifty
6) Bank nifty crossed all time high
7) Bank nifty stocks are in great momentum and we like PSU Banks
8) Stock on radar - UNIONBANK
9) All this data is for information. This is not a buy/sell call.
Thank you,
Technofunda24
#WatchOutFor#StockInNews
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