20 June 2013, 01 : 53
MARKET VIEW DATED 11TH JUNE 2013
Yesterday, our markets lost the gains made earlier in the day amidst huge volatility which was
Sustained selling activity is being witnessed across the board and more specifically in the Realty,
Pharma, Infra, Banking and Auto sectors.
The outperformers were the IT, FMCG and the En..
Rs in Cr.
RBI POLICY - ON EXPECTED LINES
As expected by us, the RBI decided to cut the Repo rate by 25 bps with immediate effect. Now
Repo stands at 7.25%, Reverse Repo at 6.25% and marginal standing facility (MSF) rate at 8.25%.
The Bank Rate stands adjusted to 8.25 %.
The cash reserve ratio (CRR) is unchanged at 4%. While there have b..