MUMBAI (Reuters) – Bonds rallied on Tuesday, sending the 10-year bond yield to its lowest in almost three years, after data showing sharply easing wholesale inflation spurred hopes the central bank would cut interest rates further.

Bonds were also supported by hopes the Reserve Bank of India (RBI) would buy bonds. Tight liquidity conditions have led lenders to borrow more than 1 trillion rupees from the central bank repo window for five of the past six sessions.

MUMBAI, May 14 (Reuters) – Indian bonds rallied on Tuesday,
sending the 10-year bond yield to its lowest in almost three
years, after data showing sharply easing wholesale inflation
spurred hopes the central bank would cut interest rates
further.

Bonds were also supported by hopes the Reserve Bank of India
would buy bonds. Tight liquidity conditions have led lenders to
borrow more than 1 trillion rupees ($18.25 billion) from the
central bank repo window for five of the past six sessions.

MUMBAI (Reuters) – Indian hedge fund manager Kalpesh Kinariwala is so sure of his equity strategies in a country that has stumped foreign rivals that he sends a daily e-mail tracker of his performance – including to competitors.

Kinariwala’s Capveda Capital (India) Advisory fund, which he runs from a modest office in a decrepit industrial estate in Mumbai, has returned 11.86 percent so far this year, outperforming average negative returns of 2 percent from India-focused foreign hedge funds.

MUMBAI, April 29 (Reuters) – Indian hedge fund manager
Kalpesh Kinariwala is so sure of his equity strategies in a
country that has stumped foreign rivals that he sends a daily
e-mail tracker of his performance – including to competitors.

Kinariwala’s Capveda Capital (India) Advisory fund, which he
runs from a modest office in a decrepit industrial estate in
Mumbai, has returned 11.86 percent so far this year,
outperforming average negative returns of 2 percent from
India-focused foreign hedge funds.

MUMBAI (Reuters) – A deadline for Indian banks to sign agreements by March 31 to settle currency forward trades via a clearing house has been postponed, according to a letter from the domestic currency market association seen by Reuters.

The Reserve Bank of India wants all banks operating in the country agree to settle trades for currency forwards, with durations of up to 13 months, through Clearing Corporation of India Ltd (CCIL).

MUMBAI, March 28 (Reuters) – A deadline for Indian banks to
sign agreements by March 31 to settle currency forward trades
via a clearing house has been postponed, according to a letter
from the domestic currency market association seen by Reuters.

The Reserve Bank of India wants all banks operating in the
country agree to settle trades for currency forwards, with
durations of up to 13 months, through Clearing Corporation of
India Ltd (CCIL).

MUMBAI (Reuters) – India’s auction of quotas allowing foreign investors to buy bonds attracted strong demand on Wednesday, easing some of the concerns about whether a recent sell-off in markets would reduce demand for domestic debt.

The sale comes a day after the RBI issued a cautious stance on monetary policy, and also comes after the Dravida Munnetra Kazhagam (DMK) party withdrew from the ruling coalition, putting in doubt the government’s reform agenda.

BANGALORE/MUMBAI (Reuters) – Indian stocks will hit a record high this year on looser monetary policy and fiscal reforms, but concerns over a widening budget deficit could limit the upside, a Reuters poll predicted.

The benchmark BSE index is expected to rise 13 percent over the rest of 2013, half of the 26 percent surge last year, according to the median forecast of 20 equity analysts polled over the past week.

BANGALORE/MUMBAI, March 19 (Reuters) – Indian stocks will
hit a record high this year on looser monetary policy and fiscal
reforms, but concerns over a widening budget deficit could limit
the upside, a Reuters poll predicted.

The benchmark BSE index is expected to rise 13
percent over the rest of 2013, half of the 26 percent surge last
year, according to the median forecast of 20 equity analysts
polled over the past week.

MUMBAI (Reuters) – India’s new stock exchange MCX-SX started trading shares on Monday with thin volumes, taking up a steep challenge to build liquidity and win market share against dominant player National Stock Exchange (NSE) and the smaller and older BSE Ltd.

As of late Monday morning, the value of shares traded on the MCX-SX was 1.5 million rupees, its web site showed, compared to 34.3 billion rupees on the NSE.