NIFTY FUT 1 DAY 1 MIN: NIFTY FUT OPENED ON NEGATIVE NOTE AND REMAINED ON NEGATIVE SIDE THE WHOLE DAY
IT BROKE CRUCIAL LEVELS OF 4950,4920,4900 AND 4850 WHICH IS NEGATIVE SIGN FOR THE MARKETS
RBI POLICY : TODAY'S FALL COULD BE ATTRIBUTED TO RBI'S CREDIT POLICY .RBI TIGHTENED NPA NORMS FOR BANKS AND INCREASED REAL ESTATE PROVISION TO 1% FROM 0.4%.IT ALSO REVISED INFLATION TGT TO 6.5% FROM 5% FOR MARCH 31,2010 .IT KEPT CRR ,REPO AND REVERSE REPO RATE UNCHANGED .BUT HIKED SLR(STATUTORY LIQUIDITY RATIO) TO 25% FROM 24%
TURNOVER : MARKET RECORDED 3RD HIGHEST OVERALL TURNOVER AT 1.46 LAKH CRORE .WHILE F&O CLOCKED HIGHEST TURNOVER EVER OF ABOUT 1.20 LAKH CRORE
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