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View Full Version : India Bank Shares, Bonds to Climb on Reserve Cut, Analysts Say - Bloomberg



NewsWhore
03-11-2012, 03:50 PM
India Bank Shares, Bonds to Climb on Reserve Cut, Analysts Say (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNEQ1P0GTperpY4251NfDd8nXMDn9Q&url=http://www.bloomberg.com/news/2012-03-11/india-bank-shares-bonds-to-climb-on-reserve-cut-analysts-say.html)
Bloomberg
... according to FirstRand Bank Ltd. “Sentiment will definitely turn positive after this move, as the market had discounted a 50-basis-point cut,” said Paresh Nayar, FirstRand's Mumbai-based head of money-market and currency trading.

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