NBFC and Banking stocks declines...wait for RBI policy and Commentary - NBFC and BANKING STOCKS declines sharply. Dewan housing slipped after the news that the company has delayed payment of Interest on NCD issued to MF and other entities due on june..Rating agency crisil has downgraded commercially papers (cp) issued by debt laden Dewan Housing to "default" of 'd' category from A4+ RBI CREDIT POLICY Will be announced today (expected time 11:45am) Traders wait for RBI Rate announced commentary by RBI for adequate steps measure of recent liquidity crisil, it will be important for the market trend...
