New financial year begins on a high at the markets

The Financial Year of 2014-15 has begun on a good note this morning, with Sensex rising 75 points in early trade, touching 22,461. The Nifty too was up by about 30 points. The RBI’s policy review is about to be released by RBI governor Raghuram Rajan shortly. Though the rates revision may not happen, the governor’s comments will have an impact on the market.

Medaram Jathara

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