1.The US Dollar may bounce back
2.Gold may rally to $1425/ US Oz.
Sensex -21 ; 19895
VIX India 26.83 0.70 2.68 %
Institutional Investors Rs Crores
FII +494
DII -267
Nifty Premium about 34 points[ on 7/10/2013]
Nifty P/C 1.23
Gold 1322;MCX 29489 / 10 grams 5% premium for small lots in India.THAT IS,PHYSICAL GOLD HAS DEMAND AND HENCE THE LOW PRICE SHOWS MANIPULATION MISUSING THE DERIVATIVES,BY THE VESTED INTERESTS.
Silver $ 710 MCX Rs 49630/Kg Premium 10% in India for small lots.
Copper $ 3.2725 / Lb
BDI $ 2116;+31;;+1.49% ABOVE 200 DMA 1018.20
Reuters CRB Index $ 287.34.
Brent $109.46/bbl
US 10 Year Treasury Yield 2.65%;-0.01%
----------------------
Indian Crude Basket 4/10/2013
$/bbl 107.18
Rs/bbl 6581.92
At Rupee V Dollar 61.41
Last Fortnight September 16 th to 30th Rs 6739.66
--------------------------
US Dollar Index 79.90 [US Government shut down]
Re V US Dollar 61.80
HSBC PMI rises from 48.5 in August to 49.6 in September 2013.
Below 50 is bad.
HSBC Service Sector PMI,44.6 in September against 47.6 in August 2013.
Will be updated.......
2.Gold may rally to $1425/ US Oz.
Sensex -21 ; 19895
VIX India 26.83 0.70 2.68 %
Institutional Investors Rs Crores
FII +494
DII -267
Nifty Premium about 34 points[ on 7/10/2013]
Nifty P/C 1.23
Gold 1322;MCX 29489 / 10 grams 5% premium for small lots in India.THAT IS,PHYSICAL GOLD HAS DEMAND AND HENCE THE LOW PRICE SHOWS MANIPULATION MISUSING THE DERIVATIVES,BY THE VESTED INTERESTS.
Silver $ 710 MCX Rs 49630/Kg Premium 10% in India for small lots.
Copper $ 3.2725 / Lb
BDI $ 2116;+31;;+1.49% ABOVE 200 DMA 1018.20
Reuters CRB Index $ 287.34.
Brent $109.46/bbl
US 10 Year Treasury Yield 2.65%;-0.01%
----------------------
Indian Crude Basket 4/10/2013
$/bbl 107.18
Rs/bbl 6581.92
At Rupee V Dollar 61.41
Last Fortnight September 16 th to 30th Rs 6739.66
--------------------------
US Dollar Index 79.90 [US Government shut down]
Re V US Dollar 61.80
HSBC PMI rises from 48.5 in August to 49.6 in September 2013.
Below 50 is bad.
HSBC Service Sector PMI,44.6 in September against 47.6 in August 2013.
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