Dear Reader,
Some of the events to be watched closely in this month.
!) RBI monetary policy on 16th of September.
Please note it will not be a normal policy, but it is Half yearly review & will be an indication of future steps RBI want to take for current Financial year till further Budgetary announcement.
I will be not surprise by increase in REPO & Reverse REPO by 50bps. I will also Not surprise if any changes by RBI in SLR & CRR ratio. As I feel the increase in REPO & Reverse REPO has not given that much effect the RBI wanted to, for controlling Inflation. So tight measures sure to check the Inflation on cards.
2) Watch Monsoon figures to be announced.
Closely watch the figures of monsoon may be announced in last week of September.
Current figures suggest Some area is having more Rain then the Normal & some are having less then 50% of Normal Rain. Area having Agri product & depending on Monsoon will be highly affected with less rain & or excessive rain will ultimately Boost the Price of Food grains & Vegetables.
3) Watch FII Buying & Selling after RBI announcement.
Do check FII Buying & Selling after RBI monetary policy on Net Buying & selling, will help to determine the market future trend.
4) Last but not the least.
Do check announcement of Interest rate rise fall, bond yield curve after RBI policy & also check Inflation figures, IIP Data & other important Data.
Somebody will say I have said nothing new in this post. Well they may be right but it is a gentle reminder & its for those people who are not yet familiar with such terms & figures. Also for me Current RBI monetory policy is much of importance then the Normal one. So stay tuned for my Next post. Till then enjoy Festive season. Best wishes.
Some of the events to be watched closely in this month.
!) RBI monetary policy on 16th of September.
Please note it will not be a normal policy, but it is Half yearly review & will be an indication of future steps RBI want to take for current Financial year till further Budgetary announcement.
I will be not surprise by increase in REPO & Reverse REPO by 50bps. I will also Not surprise if any changes by RBI in SLR & CRR ratio. As I feel the increase in REPO & Reverse REPO has not given that much effect the RBI wanted to, for controlling Inflation. So tight measures sure to check the Inflation on cards.
2) Watch Monsoon figures to be announced.
Closely watch the figures of monsoon may be announced in last week of September.
Current figures suggest Some area is having more Rain then the Normal & some are having less then 50% of Normal Rain. Area having Agri product & depending on Monsoon will be highly affected with less rain & or excessive rain will ultimately Boost the Price of Food grains & Vegetables.
3) Watch FII Buying & Selling after RBI announcement.
Do check FII Buying & Selling after RBI monetary policy on Net Buying & selling, will help to determine the market future trend.
4) Last but not the least.
Do check announcement of Interest rate rise fall, bond yield curve after RBI policy & also check Inflation figures, IIP Data & other important Data.
Somebody will say I have said nothing new in this post. Well they may be right but it is a gentle reminder & its for those people who are not yet familiar with such terms & figures. Also for me Current RBI monetory policy is much of importance then the Normal one. So stay tuned for my Next post. Till then enjoy Festive season. Best wishes.
