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The market will decide the slightly upward or slightly downward trend after RBI would announce its credit policy by optiontips.in. Ahead of the Reserve Bank's monetary policy review on Tuesday, bankers today said the central bank should focus more on growth as the country cannot afford economic expansion of below 5 percent. "The RBI could give a signal because it does not want growth to come below 5 percent" Stock Tips for today by optiontips.in For Medium to Long Term prospective Buy Mahindra and Mahindra Recommended Price: 890 Target: read more on: http://www.kyachadega.com/2012/10/nifty-remains-in-range-bound-of-5630.html

The RBI Governor has chosen to come with a very mixed policy; we have a rate cut and a rate hike in the same document. However, the market is treating it as a rate hike rather than a rate cut. The RBI, contrary to expectations has chosen to give a clear signal that fighting inflation is its core priority.

Oil-producing Russia should take advantage of high commodity prices to restructure its economy, the International Monetary Fund's executive board said Wednesday in its annual country survey.

I agree with Ed Butowsky statement, "this policy program that Obama chose hurts the middle class and single woman the most because they spend a higher percentage of their income on food and energy, which are rising the fastest due to his printing of money".

Hong Kong opened lower after Tuesday's sharp rise and retreated further in the early afternoon in line with a drop in Asian and Mainland Chinese markets but gained back some losses before closing.

Hong Kong gained as increased optimism that Europe will solve its debt crisis boosted Asian markets. However, turnover fell, reflecting a lack of momentum.