8/10/2010
Trouble in Telengana,Kashmir and Manipur.
Commodities strong due to weak Dollar.
In Meghalaya,Coal India,loses Mining Rights.Read here
Rs Crores D/M/Y:+586;+7372;+50480;   DII: -1002 ;-5444 ; -16996  The DII monthly and yearly figures are CORRECTED ones.
bdi  2696;+34      BELOW 200 DMA  of 2880
gold 1347 $/Oz
silver 747 $/Kg
Dr COPPER  3.7904  $/Lb  
us dollar index 77.18
Re v Dollar 44.39
crude  82.84 $/bbl  
Reuters CRB Index   295.10;+7.81 (+2.718%)
Nifty Futures discount/premium:- September 2010,39.25 points premium 8/10/2010 ;P/C 0.41;  7/10/2010
PMI     55.5 for July,2010:dipped from 56.2;rate of growth slow;above 50 good for the economy.;India 57.25 from 57.6
Sensex   :-65      20250
VIX(Fear Index) :-
              india 21.40;-0.33;-1.58%

              usa 20.71;-0.85;-3.94%

Commodities Up On Weak Dollar

Hot issues of the week
1.Globalists WEF meet at Davos!
2.Telengana.
3.Iran.
4.Credit ratings of Greece etc.
5.Western Economy.May be affected by the Cold Snap this year.Read more here
6.H1N1.ukrain:-   black-lung.Read more here
7.Liability Clause Bill Nuclear Deal of India
8.Inflation.Food prices soaring.
9.Major global banks split on regulation fight.Read more here 
10.Govt may divest only 10% stake in Coal India.Read more here
11.US sanctions on Iran may hit Indian companies.Read here

12.NHPC Ltd Q3 net profit at Rs581cr .Read more here
GNFC and SCI comparatively poor Q3.
13.Not just food, RBI wary of asset price spiral as well.Read more here
14.Bankers resigned to reform.Read more here
15.Monetary policy review, a reminder to Govt to roll back fiscal largesse .Read here
16.Global factors trigger correction.There is speculation in the currency market that China is looking at slowing down its lending, and hence may put some cap on its growth.
         These sentiments have resulted in a further strengthening of the US dollar against the major world currencies. This also put pressure on the prices of commodities and metals in the international markets. The prices of gold, crude oil and metals have corrected significantly over the last few weeks.
        Analysts believe the weakness in the commodity markets will persist for some more time, until some clarity emerges around this as well as some other ongoing European issues. Investors should remain careful before committing fresh investments in the commodity markets. Read here

        FIIs turn net seller in 2010; pull out Rs 7,000 cr last week.Read here