SGX Nifty Live Quotes

SGX NIFTY Trading Hours: Mon-Fri 6.30am - 3.40pm (India Time IST Time)

Get More Accurate SGX Chart here :> Live SGX Chart

Live World Market Futures,DowJones Future, FTSE,Nasdaq Future

Live FTSE and Wall Street ( Dow Jones) Future price)
( Auto Refresh every 10 Seconds )

If Page not open in 10 second try another link : Major World Market Future
Realtime Quotes powered by GCI Financial Ltd. - Trade these Prices Commission free - Click here!

Note :

Please wait 10 second for data upload. If Data Doesn't Upload in 10 Seconds please try another link :

Tuesday, January 24, 2012

RBI Cut Rate 50 BPS on 24th January 2012 and unchange policy rates

The Reserve Bank of India (RBI) has cut the cash reserve ratio (CRR) by 50 basis points (bps) to 5.5% effective from January 28, 2012. This will improve liquidity in market.

In Past RBI hike 13 times policy rate in last one year. As inflation cool down in India in last 2 month. Food inflation and fuel inflation was a big problem for Indian government that leads to Common man.

So RBI hike rate in past to decrease liquidity from market. Now when inflation cool down and economy also start moving down RBI took a step for ahead in just cutting rate first time.

This may be a good sign for improving market and economy but ultimately world economy also matter a lot.