GOVERNMENT BOND
Banks parked Rs 2 trillion excess cash amid RBI signalling
The cut-off yield, above which banks cannot claim a rate for parking excess cash, was at 3.55 percent. That was higher than the average market expectations, dealers said.
Fed keeps rate near zero, sees brighter economy in 2021
The Fed also said after its latest policy meeting that it will keep its short-term be...
MTNL soars 6% as board to seek nod for Rs 2,138.6 crore fund raising
The government allowed MTNL to raise up to Rs 6,500 crore for a tenure o...
Financial conditions improve to highest level since May: ICICI Securities
The improvement in money market conditions was driven by sharp increase in interbank liquidity and commensurate fall in money market rates, ICICI securities said.
39% of debt maturing in 2022 pertains to speculative-grade issuers: Moody’s
Many companies that are issuing high yield bonds may continue to face significant financing risks even going ahead as Indian economy grapples with Covid pandemic induced problems.
Stock market tries to make a fool of you, and how! Investing gems from Bernard Baruch
Baruch said investors need to devote some time, attention and effort while choosing their investments, if they wanted to amass wealthy returns.
Fed policymakers may give new bond-buying guidance 'fairly soon': minutes
The new guidance could also map out what conditions policymakers would need to see before paring back asset purchases, the minutes suggested.
Asian equities' bull run to continue throughout 2021: UBS
Underpinned by recovering economies, earnings should boom in 2021. We forecast 30% earning per share growth in Asia ex Japan, 5% ahead of the consensus, on the back of strong revenues and margins, the research said.
China stocks retreat from 5-year high as consumer, property shares weigh
The index retreated from its highest level in more than five years hit on Monday.
Indian Banks’ asset ownership lags east Asian peers leaving room for more players
At 68.35%, the country’s total bank assets in proportion to the GDP trails its Asian peers: Hong Kong, China, Japan, Thailand, South Korea, Malaysia and Singapore — the wealthier east Asian rim that has much deeper bond markets — lead India’s bank-dominated financial system in asset ownership by their lenders.
China mandates banks for new euro-denominated government bonds
Subject to market conditions" Bank of China, Bank of Communications, China International Capital Corporation, BofA Securities, Credit Agricole, Deutsche Bank, Goldman Sachs, HSBC, JPMorgan, Societe Generale and Standard Chartered Bank would all work on the deal.
Mind of the Market: As D-Street rises at blinding speed, what factors should you track over the next few months?
By now, almost everyone in the Indian market knows that there will be no massive stimulus from New Delhi. Indeed, the market has not only digested that piece of information, it’s gaining from it --- since a modest growth in the government balance-sheet would lower chances of a sovereign downgrade.
China stocks end lower on U.S. ban, bond default jitters; post weekly loss
The blue-chip CSI300 index ended 1.1% lower at 4,856.85, while the Shanghai Composite Index eased 0.9% to 3,310.10.
Inflation rises again: Will this end RBI’s rate cutting cycle?
Costlier vegetables and eggs pushed up retail inflation to a nearly six-and-a-half-year high of 7.61 per cent in October, keeping it significantly above the comfort zone of RBI. It prefers the dearness in the 4±2 per cent range.
Vedanta suddenly seen as a value play
At a time when most commodities — aluminium, zinc, silver, steel and copper — are making new yearly highs, the stock of Vedanta, which offers the best play on commodities, is trading at a sharp discount to its peers and historical averages. This is despite the highest dividend potential.
