RBI keeps interest rates unchanged.

April 24th, 2007 by Analyst

The Reserve Bank of India in its credit policy announced today has left the rates unchanged. This is a very positive news for Banking, Auto, Real Estate and construction industries.
The markets should start moving up on this news. Some stocks to initiate long positions are :

ICICI Bank at around 920
Parsvnath Developers near 305
SBI near 1050
Tata Motors near 730
Maruti at around 775
Blue Bird near 69
Sobha Developers at around 815

Posted in Daily Tips, News Analysis |

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