Brent Crude may fall to $95/bbl,due to less demand,as per Bloomberg.
Sensex +30 ; 19704
Nifty Futures [Monthly] about 3 points Premium,24/5/2013
P/C 1.18
vix[fear index]:-
India 17.70; -1.03; -5.50 %
Foreign D/M/Y :- Rs Crores - -239
Indian Rs Crores :- -133
BDI $ 826; -2; -0.24%;BELOW 200 DMA of 840.71.
BDI is unable to pierce the previous top.
Shipping,GLOBAL ECONOMY and Markets in trouble.
Gold 1385 $/US Oz Rs 26430 / 10 grams [ Manipulation as Crude price ONLY is going up on a weak Dollar but others fall,especially Gold and Silver to some extent.Big Oil and "THE" Bankers?]
[CME has reduced Margins for Gold,Silver and Copper contracts on 15/11/2012]
Silver 720 $/kg Rs 43571 / Kg [in India PHYSICAL Silver at about 10% premium]
Copper 3.2950 $/lb
Reuters CRB Index US $ 284.89
Brent Crude 102.61 $/bbl [43% Indian Crude basket]
Oman Dubai Crude [57%R Indian Crude basket]
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Crude Oil (Indian Basket) 23/5/2013
- In US Dollar ($/bbl) 99.37
- In Indian Rupees (`/bbl) 5563.73
- last fortnight " " 5497.73 [May 1st to 15 th, ,2013]
Exchange Rate (`/$) 55.99
----------------------
US Dollar Index 83.64
Re V Dollar 55.81
The HSBC manufacturing Purchasing Managers' Index (PMI) , compiled by Markit, 54.2 in February,2013,against 53.2 in January, 2012.In January, the PMI reading was 57.5.
The HSBC services Purchasing Managers' Index (PMI), based on a survey of around 400 companies, fell to 54.2 in February from January,2013, 57.5.
Above 50 indicates growth.
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