Friday 14/06/2013 on the last trading day of market, American Market closed in down session with the decrement of 0.75%. After gained the more increment on Thursday Friday American market closed in Red side. On other side Indian Share Market Closed with Green side on Friday, SENSEX Closed with the increment of 351 points and Nifty closed at 5,808.40.
RBI Mid quarter monitory policy may be come on Monday 17th June. In which we assume that RBI may be cut in CRR rate by 0.25%, it’s directly effect on Market basically on bank Nifty. Bank Nifty the Broader index for banking stocks, rose more than 2% to the closing day of that week on Friday at 11,909 up by 222points.
In a down session Bank Nifty dropped nearly 5 percent compared with NSE benchmark index CNX Nifty that was fall around 3 percent. But after coming RBI Monitory policy in which it cut Cash Reserve Ratio or Repo Rate that it increase in its previous policy so now expectation is that Bank nifty may be goes down by 4-5%.
For More Detail – Call Here

Cash Cow Broking & Advisory Solution is a leading financial services company in area of broking and advisory industries in India. We at cash cow provide broking platform for online/offline trading @ very low brokerage of 0.015 paisa*. In broking we have registered in all exchanges NSE, BSE, MCX, NCDEX, MCX-SX. In advisory about stocks, commodity, currency, agri etc


    Comments are closed.

    NOTE : You are advised to take your position with your sense and judgment.The views and investment tips expressed by users on are their own, and not that of the website or its management. advises users to check with certified experts before taking any investment decisions. If any other company also giving same script and recommandation then we are not responsible for that. We have not any position in our given scripts. Visiting our web one should by agree to our terms and condition and disclaimer also. All credit goes to original authors of post on this website. Website owner is not responsible for any loss due to your own decision or judgement. Thanks for Visiting our Website.