The market is on fire as banks lend strong
support. The Sensex is up 261.92 points or 0.9 percent at 27039.37, and the
Nifty up 81.85 points or 1 percent at 8282.90.
ICICI Bank, SBI, HUL, Sun
Pharma and ITC are top gainers. The Finance Ministry said the RBI monetary
policy is broadly in line with government's expectations on growth and
inflation.
In its second bi-monthly policy review for the current fiscal, RBI
maintained status quo on interest rate, while pegging economic growth at 7.6
percent and retail inflation target at 5 percent for January 2017.
Domestic
conditions for growth are improving gradually, mainly driven by consumption
demand, which is expected to strengthen with a normal monsoon and the
implementation of the 7th Pay Commission award, Reserve Bank of India said.
ICICI Bank, SBI, HUL, Sun Pharma and ITC are some top performing stocks. If you invest your money in them using good trading tips then it can help you in earning good profit. For any assistance join epic research.
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