Monthly Mutual Funds Updates

[vishal412]

After shaving-off 13.3% in the last couple of months due to the crisis in Egypt and Libya, the Indian equity markets (BSE Sensex) in the last month of the fiscal year 2010-11 (i.e. in March 2011) witnessed a relief rally. The Indian equity markets sidelined the political unrest prevailing in the MENA (Middle East and North African) region and gained 1,621.8 points (rose by 9.1%). Domestic factors such as Reserve Bank of Indias (RBIs) stance of taming WPI inflation, food inflation mellowing below the double-digit mark (9.50% for the week ended March 19, 2011), uptick in the IIP (3.7% in January 2011 - data released in March 2011) and robust core sector growth of 6.8% in February 2011 (data released in March 2011) also attributed to the positive move in the Indian equity markets.

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Mutual Funds Round up Mar 2011

 

[shyam.trivedi]

India equity markets witnessed gains for the third week in a row. Frontline equity indices closed marginally higher from the previous week levels while mid and small cap indices witnessed stronger gains. Barring oil & gas index, all sectoral indices closed in the positive territory. Capital goods and real estate stocks outperformed broad markets.
Standard & Poor's Ratings Services said that it had affirmed the 'BBB-' long-term and 'A-3' short-term unsolicited sovereign credit ratings on India. The outlook on the long-term rating is stable. It reiterated India's strong economic fundamentals and highlighted government debt along with inflation as key risks.
Indian g-sec yields eased amidst improved liquidity conditions and lower than expected cut-offs at bond auctions. The central bank extended liquidity measures until May 6.
Daily updates are also available on Mutual fund websites like Reliance Mutual Fund, SBI, etc.