1.Hungarian PM Mr.Orban,is not be a puppet of the USA and EU.Changes Laws.
2."Reform",[read anti-India or Dictatorial policy],to create a Separate Debt Office[bypassing the RBI] and paving the way to HUGE National Debt,has been sent to the Cabinet.
3.Jan IIP better,but CPI Inflation,10.9% for February,2013.
4.CBI to SC:- No proper procedure was followed in the allotment of Coal Blocks, by M M Singh,when had the Coal Ministry portfolio.
5.Adnoc, says Crude may fall due to LOW Demand[Stock HIGH],Crude price manipulation,suspected.
The fair price of Crude,now,seems to be below $100/bbl
6.CDR jumps by a whopping 35%.in the current Fiscal.
7.Road projects may be expedited as SC says no need for Forest clearance.
Sensex ; -81; 19565
vix[fear index]:-
India - 15.13;+ 0.88;+ 6.18 %
Institutional Buying:-
i)Foreign Rs Crores - +733
ii)Indian " " - -877
BDI $ 865;+18;+2.12%
Near 200 DMA of 871,but still low.It is worth noting that Coal Stocks are piling up in China as some Steel Mills have been closed.
BDI unable to breach the PREVIOUS TOP...........Very near the all-time low, reached not long ago.
GLOBAL ECONOMY in trouble.Fiscal Deficits and Debts of many nations,ARE VERY HIGH.
2015:-Bond Redemption of the Nations having the HIGHEST Debts,led by Japan.HUGE QEs expected.Currencies will crumble.Commodities will dominate.Land too.
Gold 1592 $/US Oz ; Rs 29455 / 10 grams[MCX]
[ CME reduces margins in Gold($ 1700 per contract),Silver about $4300 per contract,Silver and Copper($500),on 16/11/2012.
Shorting Gold and Silver are,reportedly,aided by the various Agencies,and turn a blind eye or look the other way. ]
Silver 937 $/kg ; Rs 54949 /Kg [MCX}
Copper 3.5372 $/lb
CCI or Reuters CRB Index US $ 295.70
Brent Crude 109.22 $/bbl [43% in Indian Crude basket]
Oman Dubai Crude price $ 105.91/bbl [57% in Indian Crude basket]
Indian Crude Basket as per the above $107.94/bbl [12/3/2013 One day Lag possible,hence approximate.Pl see previous day's Brent price to get the exact one]
----------------------
Crude Oil (Indian Basket 11/3/2013
- In US Dollar ($/bbl) 107.19
- In Rs (`/bbl) 5819.35
- last fortnight " " 6033.84[February 16 th to 28th,2013]
Exchange Rate (`/$) 54.29
----------------------
US Dollar Index 82.58
Rs V Dollar 54.145
The HSBC India Manufacturing Purchasing Managers' Index (PMI) - a measure of factory production -stood at 54.2 in February, . after hitting a six month high level of 53.2 in January,2013. It stood at 53.7 in November.
Above 50 indicates growth.Applies only for production,but NOT Utilities.
The HSBC services Purchasing Managers' Index, based on a survey of around 400 companies, fell to 54.2 in February from a one-year high of 57.5 in January. It was the biggest one-month fall in nearly a year.
Nifty Futures [Monthly] about 17 points , PREMIUM,12/3/2013
P/C NIFTY- 1.67
To be updated.......
2."Reform",[read anti-India or Dictatorial policy],to create a Separate Debt Office[bypassing the RBI] and paving the way to HUGE National Debt,has been sent to the Cabinet.
3.Jan IIP better,but CPI Inflation,10.9% for February,2013.
4.CBI to SC:- No proper procedure was followed in the allotment of Coal Blocks, by M M Singh,when had the Coal Ministry portfolio.
5.Adnoc, says Crude may fall due to LOW Demand[Stock HIGH],Crude price manipulation,suspected.
The fair price of Crude,now,seems to be below $100/bbl
6.CDR jumps by a whopping 35%.in the current Fiscal.
7.Road projects may be expedited as SC says no need for Forest clearance.
Sensex ; -81; 19565
vix[fear index]:-
India - 15.13;+ 0.88;+ 6.18 %
Institutional Buying:-
i)Foreign Rs Crores - +733
ii)Indian " " - -877
BDI $ 865;+18;+2.12%
Near 200 DMA of 871,but still low.It is worth noting that Coal Stocks are piling up in China as some Steel Mills have been closed.
BDI unable to breach the PREVIOUS TOP...........Very near the all-time low, reached not long ago.
GLOBAL ECONOMY in trouble.Fiscal Deficits and Debts of many nations,ARE VERY HIGH.
2015:-Bond Redemption of the Nations having the HIGHEST Debts,led by Japan.HUGE QEs expected.Currencies will crumble.Commodities will dominate.Land too.
Gold 1592 $/US Oz ; Rs 29455 / 10 grams[MCX]
[ CME reduces margins in Gold($ 1700 per contract),Silver about $4300 per contract,Silver and Copper($500),on 16/11/2012.
Shorting Gold and Silver are,reportedly,aided by the various Agencies,and turn a blind eye or look the other way. ]
Silver 937 $/kg ; Rs 54949 /Kg [MCX}
Copper 3.5372 $/lb
CCI or Reuters CRB Index US $ 295.70
Brent Crude 109.22 $/bbl [43% in Indian Crude basket]
Oman Dubai Crude price $ 105.91/bbl [57% in Indian Crude basket]
Indian Crude Basket as per the above $107.94/bbl [12/3/2013 One day Lag possible,hence approximate.Pl see previous day's Brent price to get the exact one]
----------------------
Crude Oil (Indian Basket 11/3/2013
- In US Dollar ($/bbl) 107.19
- In Rs (`/bbl) 5819.35
- last fortnight " " 6033.84[February 16 th to 28th,2013]
Exchange Rate (`/$) 54.29
----------------------
US Dollar Index 82.58
Rs V Dollar 54.145
The HSBC India Manufacturing Purchasing Managers' Index (PMI) - a measure of factory production -stood at 54.2 in February, . after hitting a six month high level of 53.2 in January,2013. It stood at 53.7 in November.
Above 50 indicates growth.Applies only for production,but NOT Utilities.
The HSBC services Purchasing Managers' Index, based on a survey of around 400 companies, fell to 54.2 in February from a one-year high of 57.5 in January. It was the biggest one-month fall in nearly a year.
Nifty Futures [Monthly] about 17 points , PREMIUM,12/3/2013
P/C NIFTY- 1.67
To be updated.......
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