“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, February 2, 2008

Weekly Report

Inflation figures stood at 3.93 % at the end of this week compared with 3.83% last week.

The yield on the 10-year G – Sec has remained flat at 6.81%.

Crude oil price stood at US$88.96 per barrel by the end of the week. Over the week
crude oil priceshovering around US$88.96-92.33 per barrel.

Rs per US$ exchange rate closed at 39.36 by the end of the week. Exchange rate Rs/US$ continued totrade around Rs.39.36 to 39.39.

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