Weekly Round Up 28th September 2013

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28th September 2013

Weekly Round Up  Week Ended 28th September 2013   Hi Promofree Weekly Round Up gives you all the analysis and reports published by us during the week. Friday Podcast 27th September 2013Dear FM, No more poll gimmicks please? The Indian Rupee (INR) is still on life support. The only reason that it strengthened by 9.5% from lows of Rs 68.80 to the USD to levels of Rs 62.20 is due to profit taking by short sellers at lower levels, US Federal Reserve postponing bond purchase withdrawal and the RBI taking measures to increase USD flows. click here to listen to the podcast Equity Investments Tutorial 46 Introduction to the Automobile Industry Automobile industry is considered as one of the key sectors of the economy due to its forward and backward linkages with other sectors along with a significant contribution it has to the overall GDP of the country. The potential of the sector for generating employment (directly and indirectly) is also significant. click here to read full analysis Equity Articles General Leveraged Buyouts - Has it Worked? Bharti Airtel acquired Zain Telecom in Africa for a value of USD 10.7 billion in April 2010. Bharti Airtel paid USD 7.9 billion in cash, USD 400 million as a conditional payment on fulfilment of certain criteria and USD 1.7 billion as consolidated debt obligation. click here to read full analysis Understand and Invest In Short Term Debt Fund Short term fixed income funds invest in a mix of money market securities, government bonds and corporate bonds. Short term funds aim to maintain an overall portfolio maturity of less than five years with portfolio maturities ranging from one and half years to five years. click here to read full analysis RBI Policies Bond Market Test for Rajan The Headline in the Times of India scream “Rs 4000 crores of Gilts Unsold”.  The headline is factually incorrect as all government bond auctions are fully underwritten and no auction can fail. The paper wanted to sensationalize the fact that the RBI partially devolved the Rs 15,000 crores (27% of auction was devolved) on to the underwriters of the bond auctions, the Primary Dealers (PD).  click here to read full analysis Analysis of Issuance Calendar for Marketable Dated Securities for October-March 2013 In consultation with government of India RBI has published an indicative calendar for issuance of Government dated securities for the second half of the fiscal year 2013-14 (October 1, 2013 to March 31, 2014). click here to read full analysis Video Tutorial Measures of Risks by Participants in Fixed Income Markets Video Tutorial on Measures of Risks by Participants in Fixed Income Markets  presented by Arjun Parthasarathy. click here to watch the video Weekly Fixed Income Market Analysis Short end of the yield curve will come off sharply on RBI policy The 25bps repo rate hike effected by the RBI in its 20th September 2013 monetary policy review did not go down well with the market that was expecting status quo on the repo rate. click here to read full analysis Weekly Equity Market Analysis Sensex and Nifty surge on Fed's Decision as RBI Policy halts Momentum The Sensex and the Nifty gained 2.69% and 2.75% to cross the 20,000 and 6,000 levels respectively on account of an eventful week that saw the Fed take no action on the withdrawal of stimulus and the RBI announcing a slew of measures to tackle inflation in the economy and ease liquidity in the monetary system. 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.