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Nifty traded below 8400 and sensex down around 200 points ; In the stock market trading BSE Sensex down 91 points traded on 27795.64 level and NSE Nifty 27.65 down 27.85 points traded on 8420.45 level. The Bank sector goes week and all the banking sectors banks Axis Bank, HDFC Bank, ICICI Bank and SBI. The Indian rupee continue going down the line with opened at 63.14 lower 23 piase against dollar in the currency market.

NCDEX Jeera Futures: The jeera futures recovered yesterday and closed on 0.60% higher with good buying support with comparatively lower prices. The traders and stockiest are active on a spot market at a lower level of the quality issue and lower productions.

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