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Inflation number expectations – Various Research Houses

June 19, 2008

The Government of India has clearly failed to control Inflation which is expected to touch double digit leaving the conservative investors [Fixed Interest Instruments] in deep pain. Here is how various brokerage houses are expecting the Indian Inflation numbers to be announced tomorrow.

ABN Amro Bank 10.5%
CARE Ratings 9.23%
CRISIL Ltd. 9.82%
Dun & Bradstreet Info. 9.10%
ICICI Bank 10.10%
IDBI Gilts Ltd. 9.68%
JPMorgan Chase Bank 9.77%
Kotak Mahindra Bank 9.77%

Along with global weakness, the above numbers shocked Traders which led to some unwinding today.

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