“The financial markets generally are unpredictable. So that one has to have different scenarios... The idea that you can actually predict what's going to happen contradicts my way of looking at the market.”

Saturday, January 26, 2008

Weekly Report

MACRO ECONOMIC FACTORS

Inflation figures stood at 3.83 % at the end of this week compared with 3.79% last week.
The yield on the 10-year G – Sec has dropped down to 6.67%.

Crude oil price stood at US$90.22 per barrel by the end of the week. Over the week crude oil prices hovering around US$86.99-90.22 per barrel.

Rs per US$ exchange rate closed at 39.36 by the end of the week. Exchange rate Rs/US$ continued to trade around Rs.39.36 to 39.58

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