Weekly Round Up - 3rd May 2013

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4th May 2013

Weekly Round Up - 3rd May 2013   Hi Promofree Weekly Round Up gives you all the analysis and reports published by us during the week RBI Policy 3rd May 2013 Bond Yields Headed Down RBI’s 25bps repo rate cut in its 3rd May 2013 annual policy statement is likely to spur a bond market rally going forward. Bond markets will start expecting at least one more repo rate cut in the next couple of months and start taking down bond yields. click here to read full analysis RBI Policy 3rd May 2013 RBI Shows its Dovish Stance Despite Hawkish Statements The RBI governor Dr. D. Subbarao is saying he is hawkish on rates but his actions suggest that he is dovish on rates. The Central Bank cut the benchmark policy rate, the repo rate by 25bps in its annual policy statement today. click here to read full analysis Friday Podcast 3rd May 2013 Arjun Parthasarathy Subscription Plan In a subscription survey that we ran recently we found that an overwhelming number of potential and existing subscribers wanted to take informed investment decisions based on knowledge and guidance offered by us. click here to listen to the podcast Selecting Stock for the Future Series 51 ING Vysya Bank 86% Returns Since Recommendation and Still Going Strong ING Vysya Bank is delivering performance as per our expectations. We had recommended buying ING Vysya Bank in March 2012 (See Selecting Stocks for the Future Series 17- Bank Stocks) at Rs 325 for 100% gains. Click here to read full analysis Market Movement Analysis May 2013 Ten Year GOI, INR, Sensex and Nifty to show strong gains going forward Investors in Indian assets are best invested in financial assets for the best returns going forward. The outlook for Ten Year GOI, INR, Sensex and Nifty is highly positive, as many macro economic factors are turning favourable for these asset classes. click here to read full analysis Ravi Series on Personal Finance 20 Ravi is Confused Ravi was confused on where to invest due to the disconnect between the real economy and market movements. Equity indices were trading at higher levels despite economic growth coming off sharply.  Click here to read full analysis Fixed Income Investing Series Manappuram Finance - A Good Example of High Yield Credit Risk The last NCD traded on Manappuram was the 12.20% 8th September 2013 maturity NCD.  The trade was on the 25th of April 2013 at a price of Rs 98.57 implying a money market yield of 15.97%. The credit spread of Manappuram NCDs in relation to similar maturity government bonds/ treasury bills is a whopping 820 bps. Click here to read full analysis Weekly Fixed Income Market Analysis Repo Rate Cut will Steepen the Yield Curve The bond market is factoring in a 25bps repo rate cut in the 3rd May 2013 RBI annual policy statement. A 25bps repo rate cut will bring down the overnight lending rate from 7.50% to 7.25%. click here to read full analysis Weekly Equity Market Analysis  ECB, RBI Rate Cuts Could Drive Markets Higher The ECB and the RBI are scheduled to cut policy rates in their policy meet scheduled for the 2nd and 3rd of May 2013 respectively. The ECB is expected to cut rates by 25bps from 0.75% to 0.50% while the RBI is also expected to cut rates by 25bps from 7.50% to 7.25%. click here to read full analysis Arjun Parthasarathy www.investorsareidiots.com arjun@investorsareidiots.com Information herein is believed to be reliable but the editor of Investors are Idiots.com Arjun Parthasarathy does not warrant its completeness or accuracy. Opinions and estimates are subject to change without notice. This information is not intended as an offer or solicitation for the purchase or sale of any financial instrument. The financial markets are inherently risky and it is assumed that those who trade these markets are fully aware of the risk of real loss involved. Unauthorized copying, distribution or sale of this publication is strictly prohibited. The author of the articles may have investments in instruments that are the subject of the articles. © InvestorsAreIdiots.com. All rights reserved. Not interested in receiving emails from us? Click to unsubscribe.