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Businesses slashed inventories at the wholesale level for a record 10th consecutive month in June, a decline that has contributed to the longest recession since World War II.

Brokers said participants adopted a cautious approach and trimmed their positions ahead of wholesale inflation data for September, to be released later in the day and Q2 earnings by Reliance Industries, which has significant influence over 30-share Sensex. Reliance Industries has slashed its budget for developing the three main oil- and gas- producing areas in its showcase Andhra offshore field by $3 billion, citing an unexpected fall in reserves, sources told optiontips.in India plans to relax rules for oil and gas exploration licences in time for the next bidding round, in a move to attract global companies. More News on: http://www.kyachadega.com/2012/10/market-remain-flat-for-day-optiontipsin.html

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

NMDC sees no scope for further reduction of its ore prices when it revises the rates for April, even as globally the ore prices tumbled to a six-year low this week. For the current month, the miner had slashed its rates by 11-13 per cent, reducing the prices by Rs. 300 per tonne for lumps and Rs. 500 per tonne for fines to Rs. 3,250 and Rs. 2,460 a tonne respectively, in tune with the plunge in the global prices of the ore and frail domestic demand. Read more here- http://onlinetradingttips.blogspot.in/2015/03/market-expert-suggestions-for-today-9th.html