RBI coming to our rescue - Sensex, Nifty hits 2 year lows

Sensex down by 724 points and closing at 11801 where as Nifty closing 216 points down at 3602. We have hit today 2 years low today.
RBI has cut 50 bps on CRR from 11th Oct - hence it would infuse Rs 20,000 crore into the system. There is a a good chance of normalcy returning to the financial system in the next few days.

Alkali Metals Limited opening on 7th October
http://blog.vjondalalstreet.com/2008/10/alkali-metals-limited-ipo.html

For our detailed analysis, please visit www.vjondalalstreet.com/ipoopen.php

Happy Trading!

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