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Fixed Income
Inflation Indexed Bonds At 1.44%
The first auction of Inflation Indexed Bonds has gone through successfully with the discovery of the yield at 1.44%. Remember, that while this sounds small, ...
Stocks
UCO Banks Names and Shames S Kumar’s For Default
In what seems to be yet another mega-default, UCO Bank has put large ads in newspapers calling S Kumar’s Nationwide Limited a defaulter. S Kumar’s makes ...
Fixed Income
Do Inflation Indexed Bonds Meet Their Objective? Guest Post by Dheeraj Singh
This is a guest post by Dheeraj Singh.Dheeraj is a former fund manager for many years specializing in fixed income. Used to head fixed income at IL&FS ...
Stocks
Infy Shot Up 4%, Was I Wrong!
Since there was a question about Infy’s insider trading on the news that Mr. Narayana Murthy is back as Chairman of the company, the obvious question is: Did ...
Economy
Yet Another OMO?
The RBI is buying bonds yet again! In an effort to push even more money down our gullets – despite having expanded their balance sheet at an average of 16% ...
Charts & Analysis
May 2013 Manufacturing PMI Falls to 50 Month Low at 50.5
The HSBC Markit Purchasing Managers Index (PMI) for Manufacturing has fallen to 50.5 in May 2013, which is the lowest in over four years. Given this, and the ...
Stocks
Is there an Infy Insider Trading Scandal?
MoneyLife claims that someone knew Narayana Murthy is coming back to Infosys and traded on it. Yesterday, when the Sensex was down 455 points, Infosys an index ...
Charts & Analysis
The May 31st fall drops Nifty Gains to 0.9%
The monthly Nifty move for May 2013 shows a headline gain of 0.94%, which masks the extreme volatility the month showed – the Nifty went all the way to ...
Economy
Q4 2013 GDP Growth at 4.78%, and I was SPOT ON about the Data Fudge Last Year
In a disappointing note, MOSPI tells us that the Q4 GDP growth estimate is 4.78%, one of the lowest we have seen in the last decade. Even in the depths of the ...
Charts & Analysis