May, 2009
IDEAL DAY TO INVEST IN ARBITRAGE SCHEMES
Markets have hit the upper circuits twice & trading is halted. Sensex has touched 14272. As explained in some of my notes earlier, there is a reverse co relation of NAV of arbitrage schemes to SENSEX i.e. when the SENSEX goes up, NAV of arbitrage schemes go down & vice versa. I expect that NAVs [...]
SOME POSITIVE NEWS FOR DEBT MARKETS
Two factors have impacted the debt market positively over the past couple of days. First one was on expected lines that announced to treat Rs.28000 crs lying in MSS with RBI as part of the Government’s annual borrowing. This will reduce supply to that extent in the second half of the borrowing calendar. Second one [...]