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FINBiTS from FINANTiCS
15.05.2015
1. Sensex 27324 (+117), Nifty 8262 (+38), Gold Rs.27302 (-132), Silver Rs.39632 (-112), Re/$ 63.51 (-0.15), Brent Crude$66.75/Barrel (+0.05), 10Y GOI Bond Yield : 7.9387%
2. Cheese Bursts on the D-Street Today !! Share price of Jubilant Foodworks Ltd, the owner of Dominos franchise in India, moved up by Rs.185 to close at Rs.1752 on the NSE after its better than expected results announced yesterday, refer the last FINBiTS. (+11.87%)
3. As 365 days gets over for the Modi Government, Sensex has risen by 14.20% in last 1 year at 27324 but it went above 30000 in between. If you have voted for this government on its economic agenda, Equities or Mutual Funds could be the place to be for the next 4 years :)
4. Country with the world’s 6th tallest building, the Twin Towers of Malaysia, saw its GDP grow by 5.6% during Jan-Mar’15, which was slower than the 5.7% growth in the last quarter i.e. Oct-Dec’14.
5. What you must know : Current Policy Rates and ratios in India :
Repo Rate : 7.50%
Reverse Repo Rate : 6.50%
Marginal Standing facility rate : 8.50%
Bank Rate : 8.50%
Cash Reserve Ratio (CRR) : 4.00%
Statutory Liquidity Ratio (SLR) : 21.5%
Base Rates : 9.75%-1.25%
Savings Deposit Rates : 4.00%
Term Deposit rates (for 1+ years) : 8.00%-8.50%