Ripples advisory, Market To Rally, Multibagger Stocks To Make Newer High

Indian Benchmark Index Nifty closed slightly higher at 9664 on Wednesday after making a high of 9679.

Bank Nifty last day made a record high of 23606 and closed well at 23568 after the announcement of RBI Monetary Policy. RBI kept the repo rate unchanged at 6.25% but cut statutory liquidity ratio by 50 basis points to 20%. This will infuse more liquidity into the banking system.

Small Cap remained strong last day and closed at 7322 which was 0.40% higher from its previous day close.

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