Tuesday, July 27, 2010



Link to Nseguide.com

Intraday calls for 28-07-10

Posted: 27 Jul 2010 07:46 PM PDT

Markets likely to see a flat opening. Support for nifty is at 5420 and resistance at 5455. If markets show recovery later during the day, buy: Carborundum Universal Ltd. View Market hour calls ...

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Meaning of CRR Rate, Repo Rate and Reverse Repo Rate

Posted: 27 Jul 2010 02:48 AM PDT

What is a CRR rate? Cash reserve Ratio (CRR) is the amount of funds that the banks have to keep with RBI. If RBI decides to increase the percent of this, the available amount with the banks comes down. RBI is using this method (increase of CRR rate), to drain out the excessive money from...

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