Pace Research India : Market Round Up

Sensex crashed more than 200 points after a declining in Services PMI and after 2:00 pm recovered almost 50% of the fall JUSTDIAL, SRTFINANCE, IDEA was the biggest loser, on the other hand, CIPLA and BAJAJ FINANCE gave a good intraday return, for tomorrow DHFL will be on our radar. Investors are eagerly waiting MPC final day meeting, Tomorrow RBI is most likely to keep the rates unchanged and the market may prosper.
In our view inflation rate currently at 4.2%, RBI should gradually be tightened the policy but  the recent interview of honorable Governor indicates that he is not in the mood of the rate hike. We are looking forward to RBI policy tomorrow 2:30 PM, the Policy will be driving factor for markets tomorrow. For More Information Please Visit : www.paceresearchindia.com and Call Now : 8817774774