The RBI Governor Shaktikanta Das will meet the heads of public and private sector banks to discuss the transmission of interest rate cut to borrowers. This is followed by some series of actions. It is also reported that PM Narendra Modi will be visiting South Korea for two days from Thursday to Saturday. Ministry of Commerce head Mr. Suresh Prabhu is organizing three day “4th ASEAN Expo and Summit” and “FICCI CSR Summit & Awards Ceremony”. Talking about major techs like Tech Mahindra conducting a board meeting to discuss buyback of shares. Followed by Monte Carlo Fashions turns ex-date for share buyback. Some news about RBI is also on the limelight .Banks borrowed Rs 187.26 billion from RBI’s repo window. RBI will conduct an overnight variable rate repo auction worth Rs 200 billion. It is also going to release sixth B-monthly monetary policy committee meeting. It will also conduct OMO Purchase of Government of India dated securities worth Rs 125 billion.


There are also the list of global events that will happen today. Following is the sequence of the future events starting from 7pm today

7:00 PM — US     — Continuing Jobless Claims

7:00 PM — US     — Initial Jobless Claims

7:00 PM — US     — Philadelphia Fed Manufacturing Survey

7:00 PM — US     — Durable Goods Orders

8:15 PM — US     — Market Manufacturing PMI

8:15 PM — US     — Market Services PMI

8:15 PM — US     — Market PMI Composite

8:30 PM — US     — Existing Home Sales 

9:00 PM — US     — EIA Natural Gas Storage change

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