As i yesterday said SBIBANK fall to 1600 level,but bounce was HDFCBANK .Many traders take position in HDFC because its a safe house for investment for years.Is there any thing cooking behind screen no one knows.25 cent cut it lending didn't make any move in the market.Intraday player have to taken extra caution tomorrow a reliance,hdfc,ongc can make their way miserable.
Atleast a 75 point cut in interest rate by federal reserve will be a breather.
