1.Gold target for this year a modest 3% up at about $1500/US Oz,as per THIS link,but may shoot up.Silver may outshine Gold.
2.Short-covering helps Sensex to rise by 219 points.
3.Vizag HPCL accident.Toll 18.
4.Import tariff value of Gold and Silver raised.
5.TUFS for Textile sector,to continue in the 12th Five Year plan[2012 to 2017]
Sensex +219; 18620 [short covering]
VIX India 27.81; -1.60; -5.44 %
Institutional Investors Crores FII -79
DII +731
BDI $ 1132;-4;-0.36% ABOVE 200 DMA 911.89
Gold $/US Oz 1397 MCX Rs 33010 /10 grams
Silver $/Kg 757 MCX Rs 53900 /Kg
Copper $/Lb 3.2390
CRB Index Reuters $ 291.16
Brent Crude $/bbl 114.04
----------------------------
Indian Crude Basket $/bbl 29/8/2013
In US Dollars/bbl 114.07
In Indian Rupees /bbl 7723.68
Last Fortnight August 1 st to 15th; 6518.90
Exchange Rate Rupees/$ 67.71
--------------------
Rupee V US Dollar 65.70
US Dollar Index 82.03
Nifty Futures Monthly about 10 points,Discount on 30/8/2013
P/C 1.47 Market bearish.
HSBC PMI 50.1 for July 2013
Yield on TEN YEAR US Treasuries 2.78%;+0.03%
2.Short-covering helps Sensex to rise by 219 points.
3.Vizag HPCL accident.Toll 18.
4.Import tariff value of Gold and Silver raised.
5.TUFS for Textile sector,to continue in the 12th Five Year plan[2012 to 2017]
Sensex +219; 18620 [short covering]
VIX India 27.81; -1.60; -5.44 %
Institutional Investors Crores FII -79
DII +731
BDI $ 1132;-4;-0.36% ABOVE 200 DMA 911.89
Gold $/US Oz 1397 MCX Rs 33010 /10 grams
Silver $/Kg 757 MCX Rs 53900 /Kg
Copper $/Lb 3.2390
CRB Index Reuters $ 291.16
Brent Crude $/bbl 114.04
----------------------------
Indian Crude Basket $/bbl 29/8/2013
In US Dollars/bbl 114.07
In Indian Rupees /bbl 7723.68
Last Fortnight August 1 st to 15th; 6518.90
Exchange Rate Rupees/$ 67.71
--------------------
Rupee V US Dollar 65.70
US Dollar Index 82.03
Nifty Futures Monthly about 10 points,Discount on 30/8/2013
P/C 1.47 Market bearish.
HSBC PMI 50.1 for July 2013
Yield on TEN YEAR US Treasuries 2.78%;+0.03%
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