Nifty Tips
A sharp fall in the currency and profit booking led to a slump in the market on Friday. The BSE Sensex closed more than 100 points down at 18,682.31. The NSE Nifty points to end the day at 5,684.25.
The Reserve Bank of India (RBI) is unlikely to lower its key interest rate at its October monetary policy review as inflation remains sticky, but may opt for a cut in banks' reserve requirements to prod them into reducing their lending rates.
Free Trial Tips For Monday 22 October
Buy NSE Gail Future of Oct Expiry around 363-363.5 cmp 363.5keep SL below 355 and expect 380 as tgt level in next 2-3 sessions.
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