Reserve Bank is cutting the interest rate

Due to dekonetization, low growth, less luquidity in the market, Reserve Bank will be cutting the repo rate to 0.5 % and reverse repo rate to 1% less. This will bring in liquidity and also the growth in various sector. Buy Axis bank at rs. 462 (1 lot of 1200 shares) and target is rs. 485 within couple of days

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