Equity indices in India fell across the board on profit taking at higher levels. The weak GDP growth estimate report released by the CSO (Central Statistical Office) hurt equities and the Rupee though it helped bonds (Read weekly). The mixed nature of the third quarter 2012-13 corporate results that saw few companies showing good growth and few showing weak to no growth weighed on the markets mind. Read full analysis The bullish sentiments of the bond markets post the GDP growth estimate release was seen in the heavy demand in the government bond auction. The government auctioned Rs 12,000 crores of bonds on the 8th of February 2013 and the bids for the auction totaled Rs 42,900 crores implying a bid to cover ratio of 3.57x. Read full analysis Subscription Package Investors are Idiots.com believes in a No-Nonsense approach to investments. You get what you see, and what you see is straight forward, to the point analysis, discussions, tutorials and articles that is aimed at making your money work for you. The No-Nonsense pack gives you immediate access to more than 150 reports from the eight set of analysis, tutorials and reports that will enable you to take sound investment decisions. You will also get all the reports and analysis published by us for the next one year. |
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