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Free Intraday Tips | RBI Monetary Policy News

Discussion in 'General Trading and Investment Discussions' started by TradTips, Feb 8, 2017.

  1. TradTips Member

    The Reserve Bank of India has kept its key policy rate or the repo rate unchanged at 6.25 percent for the second time in a row.
    Free Intraday Tips BUY BGRENERGY CASH
    ABOVE 147.50
    Target1-149.00
    Target2-151.50
    StopLoss-143.90.
    [IMG]
    All other rates -- reverse repo rate, the marginal standing facility rate and the bank rate -- were left unchanged.

    All six members of the Monetary Policy Committee (MPC) voted in favour of holding rates.

    Thus, MPC keeps repo rate unchanged at 6.25%

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