Wednesday, October 6, 2010

Safe Invest View - October 2010

In our continued effort to provide you information about Indian and domestic market , we are pleased to bring to you the House View for October, 2010.

 

Equity

·         The street now estimates earnings growth of 30% for FY11 and 21% for FY12.

·         Most sectors are trading at between their historic average and one standard deviation higher.

·         Mid-cap valuations have risen to near all-time highs, and the valuation differential with large caps has narrowed significantly.

·         On the valuations front, India is the most expensive market in the EM pack.

·         The market's next trigger would be the September quarter earnings season.

 

Debt

·         The inflationary pressures remained the dominant concern and the government is taking steps to contain inflation.

·         The GOI announced a lower borrowing program of Rs. 1.63 lakh crore for the 2HFY11 and increased the foreign investment limit in debt to US$ 30 bn.

·         Hike in FII limit for investment in G-Sec and Corporate Bonds also helped the sentiment and benchmark bond closed at 7.845%.

·         We expect the benchmark to trade in the 7.8%-7.9%, both G-Sec and credit markets are likely to move in trading range with downward bias.

--
Safe Harbor:
The information contained and provided on this Website provides Investment advice for the education of investors. The posts are an information service only. Recommendations, opinions or suggestions are given with the understanding that readers acting on this information assume all risks involved. We do not assume any responsibility or liability resulting from the use of such information, judgment and opinions for Trading or Investment purposes.
 
You received this message because you are subscribed to the Google Groups "Investors Please Listen !" group.
To post to this group, send email to investorspleaselisten@googlegroups.com
To unsubscribe from this group, send email to
investorspleaselisten+unsubscribe@googlegroups.com For more options, visit this group at http://groups.google.com/group/investorspleaselisten?hl=en

No comments:

Blog Archive

Life Insurance | Health Insurance | Auto Insurance


Investors Please Listen !

 
More than 100 kinds of Insurance products from more than
20 companies under one roof.



Call: 9818269396 
investorspleaselisten@in.com
www.investorspleaselisten.blogspot.com

 

 

Safe Harbor:

The information contained and provided on this Website provides Investment advice for the education of investors. The posts are an information service only. Recommendations, opinions or suggestions are given with the understanding that readers acting on this information assume all risks involved. We do not assume any responsibility or liability resulting from the use of such information, judgment and opinions for Trading or Investment purposes.
Powered by Olark
Advertising Learn to Invest