Weekly Market Analysis - Volatility will be high for equities

Can't see the pictures? Select Display Images option shown above. Add info@investorsareidiots.com to your address book to ensure delivery of our emails to your in-box. View this email outside your inbox

3rd June 2013

Weekly Market Analysis - Week Beginning 3rd June 2013 Hi Promofree   Fixed Income Market Analysis - Use this Correction to go Long  The auction cut off on the benchmark ten year government bond, the 7.16% 2023 bond, came in at 7.28% levels. The government had issued the new ten year bond two weeks ago where the coupon was set at 7.16%.  The yield on the 7.16% 2023 bond had gone down to levels of 7.10% in the beginning of last week before climbing all the way up to levels of 7.28% in the auction. Click here to read full analysis Equity Market Analysis - Volatility will be High for Equities The Sensex and Nifty failed to sustain over the psychological levels of 20,000 and 6100 respectively and fell from highs seen during the week. Equities fell on the back of volatility in the INR that is trending just off a percent from record lows, rise in government bond yields that rose around 15bps week on week and weak economic data with GDP for fiscal 2012-13 coming in at decade lows of 5%. 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.