RBI updates

* India Central bank says banks' cash balances 2.94 trln Rupees on July 20

nse tips

positional sell lupin @873 target 840/820/750

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bank nifty tips

bank nifty buy above@10730 target 10850/10950

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US OUTLOOK/OPINION: JPM says latest core econ data reported for construction,...

US OUTLOOK/OPINION: JPM says latest core econ data reported for construction,

cap goods, retail sales, trade, and inventories could "be modestly favorable for  GDP growth on net" from 2010 on, "led by a decent-sized upward revision to 1Q13  and mixed results across the other quarters." GDP revisions are due Jul 31 and  could initially confuse, JPM says.

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gold updates

Spot Gold down 2 pct to below $1,320/oz as Crude oil drops, Dollar adds gain 

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