Here's how market welcomed RBI's CRR cut with open arms

CRR CUT IMPACT: SENSEX GAINS 244 POINTS AMID HEAVY VOLUMES

>Nifty closes at more than 2-month high on heavy volumes, rising 1.5%
>Reserve Bank of India cut cash reserve ratio by 50 basis points to 5.5%
>CRR cut indicates that RBI shift its focus from inflation to reviving growth
>Star Performers - Banks, Capital Goods, Metals stocks
>Market ignores weak European cues

Let see how the day panned out...

Let see how the day panned out...

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