1 11 2024

1. Iran preparing to attack Israel.news.Brent up by $ One.

2.OMCs raise price of Jet Fuel by 3.3%

3.Valuations of BoB,Canb, Union Bank.etc seem good.

4.Ambika Cement took stakes worth Rs 8100 Crores in Orient Cement.

5.Tata Motors conducted Puja in TN.to start a new Plant costing Rs. 9100 Cr 

15 10 24

Market down due to RIL selling and Hgh Inflations as per Deccan Herald Business news. Bank Of Maharashtra Q2 net up about 44% to Rs 1327 Cr.Bought a small lot.

13 10 2024

1.Isreal ready for " Iran Actions" as per Gujarat Samachar. 2. India's economy slightly down. 3.Channai Petro in talks for a Loan of Rs 28000 Cr for a new Refinery in South. 4.Re 84.07 V $ .OMCs badly placed,ONGC,OIL,NMDC well-placedas well as Exprt stocks 5.Textile exports to spur expansion in this sector.News 6.EMA cross indicates BUY for J K Lakshmi Cement.

Saudi Arabia had allowed its petro-dollar agreement with the United States to continue

https://www.zerohedge.com/geopolitical/reign-dollar-month-rumors FRom the above link: "In early June, a rumor began to circulate — which was widely reported in the Indian press as true — that the government of Saudi Arabia had allowed its petro-dollar agreement with the United States to lapse. This non-exclusive arrangement between the two countries never required the Saudis to limit their oil sales to dollars or to recycle their oil profits exclusively in U.S. Treasury securities (of which it holds a considerable $135.9 billion) and Western banks. Indeed, the Saudis are free to sell oil in multiple currencies, such as the Euro, and participate in digital currency platforms such as mBridge, a trial initiative of the Bank of International Settlements and the central banks of China, Thailand, and the United Arab Emirates (UAE). Nonetheless, the rumor that this decades-long petrodollar agreement had come to an end reflects the widespread expectation that a seismic shift in the financial system will overturn the rule of the Dollar-Wall Street regime. It was a false rumor, but it carried within it a truth about the possibilities of a post-dollar or de-dollarized world. "

Indias US reasury Holdings January 2024 $ 236.1 Billion

https://www.statista.com/statistics/246420/major-foreign-holders-of-us-treasury-debt/ India $ 236.1 Billion Major foreign holders of United States treasury securities as of January 2024(in billion U.S. dollars) India Leads Global Inbound Remittances 8 5 24 India received by far the highest international remittances of any country worldwide in 2022, according to World Bank data published in the International Organization for Migration’s (IOM) 2024 World Migration Report on Tuesday. International remittances are defined as money sent from workers living abroad to their home countries. Additionally, as Statista's Anna Fleck reports, it is also the first country ever to have passed the $100 billion mark for inbound remittances. India was trailed some way behind by Mexico ($61.1 billion), which had toppled China ($51 billion) from the second position in 2021.

14th April 2024

1.Iran Isarael confrontation :- CRUDE MAY RISE 2.Inflation high.US Federal Reserv may delay rate cut and its numbers this uear. 3.US CMDE and UK LME,restrict Russia's Nickel,Copper and Aluminium rading in thier platforms.These 3 metALS MAY RALLY,AS PER www.ZEROHEDGE.COM

India's Forex 645.6 billion,6th March 2024 Financial Express

https://www.financialexpress.com/policy/economy-we-are-consciously-building-forex-reserves-rbi-governor-3447950/ India’s foreign exchange reserves rose $2.9 billion to reach an all-time high of $645.6 billion as of March 29. Indiia's Forex

Strong Q4 may allow OMCs to cut fuel prices: Puri

Strong Q4 may allow OMCs to cut fuel prices: Puri Readers,if any,can take appropriate action.I booked ;ppatial prfits in my OMC holings.

Arizona Remonetizes Gold.

Gold is being remonetized domestically at the state level and therefore will be accommodated at the Federal level eventually.

Market In Euphoric Stage

Market seems to be in THE Euphoric stage.

12th January 2024

Shares fell like anything led by PSU banks.PSU shares routed.

India's Gold Holdings

https://www.drishtiias.com/daily-updates/daily-news-analysis/rbi-s-gold-reserves Why in News? As per RBI’s Half Yearly Report on Management of Foreign Exchange Reserves: October 2022 - March 2023, its gold reserves touched 794.64 metric tonnes in FY 22-23, an increase of nearly 5% over FY 21-22(760.42 metric tonnes) Gold reserves along with foreign currency assets, special drawing rights and reserve tranche position in the International Monetary Fund make up India’s forex reserves. How Much Gold has RBI Bought? Total Reserves: As per RBI, 437.22 tonnes of gold are held overseas are held with the Bank of England and the Bank of International Settlements (BIS), and 301.10 tonnes of gold is held domestically. https://en.wikipedia.org/wiki/Gold_reserve India Gold 806.7 Tons

Things Of Imporatnce Now

1.Red Sea shipping dangers.Suez shipping costs soar by 300%. www.rt.com Supply chain disruptions www.fortune.com 2.India's December 23,Inflation high at 5.62% 3.Crude price may rise due to item no 1 above.