RBI has anounced the repo rate cut by 25bps ... CRR is unchanged....!
It is in line with many of experts expectations...
No pleasant surprise and market is skidding ....!
Let us wait and see whether market is skidding down towards 7515-7485 zone... or taking the fundamentals and able to sustain at 7635 base range...!
I am waiting whether we can complete 14th exit today... Lets see..!
On Saturday , Sunday work is not fully completed....! ID allocation is still pending for more than 25% group members.... Again going to have three days in the weekend and I am sure this task will be completed by this weekend...
Transfers / money remittance work also completed by 95% . I am completing the balance pending today and tomorrow...!
March audit is going on and most likely to be completed by 2.30 to 3.00 P.M. today...!
Will catch you soon...!
With kind regards,