.: The Economic Times Markets Watch Newsletter

Friday, 1 March 2013

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	Dated:01 March,2013

Top Headlines

Shrugging off Budget blues, the BSE benchmark Sensex today bounced back from three-month lows to end nearly 57 points higher at 18,918.52.

"The TRC certificate thing also will be clarified because the FM was the person who had put GAAR to rest. "

"The budget mentioned the number at Rs 6.3 trillion as the gross borrowing for FY14. This was on the high side of expectations."

Views on Stocks/Markets

IPO/Global Markets

Rupee / Gold

More 'Market' News

Markets overreacted to Budget 2013, expect recovery today: Macquarie Capital
"Finance Minister is cutting expenditure and that will have an impact on the growth both in consumption investments."

FM doesnt want to create impediments for FIIs: Jyotivardhan Jaipuria, BofA-ML
"He got a fiscal deficit of 5.2% which even six weeks ago most economists would have said is not possible at all. "

Market valuations looking fairly reasonable currently: Mirae Asset
"In a period when growth is slowing down, the domestic economy would underperform and as we see the government is doing all the necessary steps to revive growth."

Market Round-up

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