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Stocks are on pace to extend gains for a second week as the fourth quarter tries to recover from a dismal Q3. Consumer spending and online advertising have helped push the market higher.

Stock Tips by optiontips.in Nifty breaks the lower level of 5630 and trading at lower circuits. Market sentiments are not good for sectors like PSU Banking, Infrastructure. RBI cuts CRR by 0.25%; keeps policy rates on hold The Reserve Bank on Tuesday slashed the Cash Reserve Ratio (CRR) by 0.25 percent - the percentage of deposits banks keep with central bank - but refrained from reducing lending rates in view of high inflation. Following the cut, CRR will now come down to 4.25 percent while the repo rate, at which the central bank lends to the banks, would remain... Read More on: http://www.kyachadega.com/2012/10/rbi-cuts-crr-by-025-economic-growth.html

Hong Kong and Chinese blue chips continued this weeks' surge Thursday morning but fell back in the afternoon after approaching strong technical resistance.

Americans were buying more clothes, cars and furniture during September according to the Commerce Department's latest data. News that retail sales grew by 1.1 percent for the month helped bolster shares in the sector.