Market has gone red after RBI increased Repo rate, the policy outlook is looking harsh at first look. Banking stocks fall after recent rise. Nifty rallied 600 points and Sensex gained 2000 points in this month might slip if Rbi failed to lift investor sentiments.
Bank Nifty fell 400 points or 3%, All major PSU banks declined, However the RBI maintain CRR to recent 4% to maintain liquidity measures
