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Bank Nifty declined

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1 Bank Nifty declined on Mon Sep 23, 2013 3:20 am

Banking stocks slipped badly on both stock exchanges, all major banks shares traded negative. The NSE Bank Index Bank Nifty and BSE Bankex index dropped 400 points.
Union Bank down 8% while YES Bank, Bank of India, Bank of Baroda, PNB slipped up to 6% the SBIN stock dropped near 5%.
Accoeding to investors after increased repo rate most of the banks increased interest rate on loan this may lead to affect banking shares in market due to volatility.    
Intraday tips for tomorrow

View user profile http://www.moneymakerfinancial.com

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