Monday, July 5, 2010

Bharat Bandh Live Today

Latest Update Bharat Bandh Live Today: Nifty faces resistance around 5350. Indian markets have been among best performing globally.

RBI increased repo and reverse repo by 25 bps on Friday. More rate actions are expected on July 27. Even markets expect further 25 bps rate hike on July 27.

Participation is expected to be lower on account of Bharat Bandh today.

Metal & IT were largest losers on Friday while oil & gas stocks gained last week.

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