For 7/3/2011 at 0345 Hrs IST on 8/3/2011
IA incurs a loss of Rs 10000 Crores.Another scam.Read here.
RBI introduces Interest Rate Futures on 91-Day Treasury Bills issued by the UPA at the Centre now. A bad move to enourage Derivatives,instead of BANNING them.
Sensex -264 ;18222.India's political situation,scams,Libya,Oil and Dollar.
volume bse - 207738180
nse - 480535770
Total - 688273950
Volumes VERY LOW.
vix[fear index]:-
India 25.22;+2.31;+10.08%
USA 20.66;-+1.60;+8.40% 200 DMA 22.18
Institutional Purchases:-
Foreign D/M/Y :- Rs Crores -92;+1140;+15002
Indian Rs Crores :- +46;+12;+11026
BDI 1346;Below 200 DMA of 2300;Shipping and Markets in trouble.
Gold 1432 $/US Oz
Silver 1155 $/kg
Copper 4.3198 $/lb
Reuters CRB Index US $ 362.89; 0332 Hrs IST.
Crude 104.97 $/bbl;Libya,Dollar falls.
US Dollar Index 76.47
Re V Dollar 45.045
The HSBC Markit Business Activity Index, based on a survey of around 400 companies, rose to 60.2 in February from 58.1 in January, staying above the 50 mark that separates growth from contraction for the 22nd consecutive month.[3/3/2011]
Above 50 indicates growth.
Nifty Futures 19.30, Premium,7/3/2011
P/C 0.59,4/3/2011`
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