Sensex up by 20 points
LIBOR was a fraud and the US Federal Reserve knows it as per the author of the report in this link.
Indian Crude Basket about Rs 6310/bbl.
Libya Oil Blockade due to new PM continues.
Gold and Silver fall,on expectations of QE taper by the US Federal Reserve.
Rupee 60.01 V the US Dollar [US Dollar Index 79.24]
BDI is far less than its 200 DMA of about US $ 1461
THE GLOBAL FINANCE SEEMS TO HAVE BECOME A FARCE,IN THE HANDS OF A FEW.
Indian Stocks rise on Liquidity and NOT on the basis of the Economy or the value of the stocks.
The Rupee is kept weak for:-
i.Hiking the prices of petroleum fuels,as the so-called,"under-recoveries" claimed by the OMCs will be HIGH.
This will BANKRUPT India due to HIGHER Fiscal Deficit, Divestment out of PSUs and Debt due to Infrastructure-spending..
ii.Keeping things costlier for Indians,especially Gold,so that money would be diverted into Equities!
Will be updated......
LIBOR was a fraud and the US Federal Reserve knows it as per the author of the report in this link.
Indian Crude Basket about Rs 6310/bbl.
Libya Oil Blockade due to new PM continues.
Gold and Silver fall,on expectations of QE taper by the US Federal Reserve.
Rupee 60.01 V the US Dollar [US Dollar Index 79.24]
BDI is far less than its 200 DMA of about US $ 1461
THE GLOBAL FINANCE SEEMS TO HAVE BECOME A FARCE,IN THE HANDS OF A FEW.
Indian Stocks rise on Liquidity and NOT on the basis of the Economy or the value of the stocks.
The Rupee is kept weak for:-
i.Hiking the prices of petroleum fuels,as the so-called,"under-recoveries" claimed by the OMCs will be HIGH.
This will BANKRUPT India due to HIGHER Fiscal Deficit, Divestment out of PSUs and Debt due to Infrastructure-spending..
ii.Keeping things costlier for Indians,especially Gold,so that money would be diverted into Equities!
Will be updated......
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