RBI cuts CRR, repo rate
The Reserve Bank of India cut the repo rate, CRR and SLR on Saturday. The repo rate was cut by 50 bps from 8 per cent to 7.5 per cent. The CRR was cut by 100 bps to 5.5 per cent in two stages.
The SLR was cut to 24 per cent, with effect from November 8.
The repo rate cut will be effective from November 3. RBI said that upside inflation risks 'ebbing' and that early signs of global recession are 'evident'.

Strong & Weak futures

This is list of 10 STRONG futures:

Gtl
Sterlinbio

Bhushansteel

Titan

IndianBk

Infosys

Hotel leela

Satyam

Bhel

&Dabur

10 WEAK Futures

Unitech

Jetairways

Parsvnath

Gitanjali

Briade

Jstainless

Ivrprime

Uniphos

Purva&

Suzlon

Nifty is in Down Trend until 3070 levels.

FII DATA

FII
31/10: 1237.21 Cr. (Prov)
DII
31/10: -116.10 Cr. (Prov)

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Arvind Parekh
+ 91 98432 32381