GST regome from 1/7/17

1.India came under GST regime from 1/7/17.Huge volatility in the,market expected.Economy may suffer,in the immediate short-term.
2.Reported Inflation low.Rate cut expected on 2nd August 2017
3.Gold and Silver fall,the latter,massively,but recover a bit.Silver is still cheap.good buying opportunity,in small lots.
4.Massive correction expected in the coming days,in Sensex and Nifty,despite the anticipated,rate cut by the RBI on 2/8/17.
5.RBI gets enhanced Powers,to deal with the NPAs,though the reason for te high NPAs,was RBI's abysmal oversight.
Will be updated......

WEEKLY TREND;26/7/15

1.Gold may fall to Rs 23000/ 10 grams as per reports.Silver may follow suit too Rs 30000/kg.
2.Indian Stocks may be volatile due to F&O on 30/7/15
P/C Nifty 1.28
3.BDI $ 1086;200 DMA $ 793,60
4.Brent low $ 54.62 / bbl
5.Greece,West Asia,Ukraine geo-political problems.Negative
6.Peurto Rico,Chicago bankrupt.Global Bond Markets weak.US Federal reserve "leaks" rate hike plan and other data.China weak.
Negative financial/economical indicators
7.Commodities fall continues.
Bloomberg Commodities Index 93.2871 ;down 1.17%;down 1.11033
Will be updated.......

11/11/2013

1.SC allows Goa to resume selling Iron ore.
2.UPA likely to allow RIL-BP,double the Gas price from KG D-6.Prince Charles' effect!He is currently on a visit to India,with his Spouse, and is reported to dine, with the RIL CEO Ambani and his Spouse!
Sensex  -175 ;    20491
VIX India     19.98; 0.34; 1.73 %
Institutional Investors Rs Crores
FII   +334
DII  -783
Nifty Premium  about 55 points[ on 11/11/2013
Nifty P/C 1.11
Gold  1281;MCX 30143 / 10 grams  5% premium for small lots in India
Silver $ 686 MCX Rs 48373/Kg Premium 20% in India for small lots as on 11/10/2013.
Copper $ 3.2530 / Lb
 THAT IS,PHYSICAL GOLD HAS DEMAND AND HENCE THE LOW PRICE SHOWS MANIPULATION MISUSING THE DERIVATIVES,BY THE VESTED INTERESTS.
BDI $  1564;-17;-1.08%  ABOVE 200 DMA 1142.05  
Reuters CRB Index $ 274.78
Brent $106.40/bbl 
US 10 Year Treasury Yield 2.77%;+0.14%  [QE tapering expected] for 8/11/2013
----------------------
Indian Crude Basket  8/11/2013
$/bbl 102.96
Rs/bbl 6458.68
At Rupee V Dollar 62.73
Last Fortnight October 18 th to 31 st Rs 6604.33
--------------------------
US Dollar Index   81.12
Re V US Dollar 63.24
HSBC PMI rises from  49.6 in September  to in October,2013.
Below 50 is bad.

The HSBC/Markit purchasing managers index for the services industry inched up to 47.1 in October from 44.6 in September, the fourth successive monthly contraction of service sector output across India. 

Will be updated.......

3/11/2013 Diwali Muhurat Trading

LAKHS to lose jobs in Gold Jewellery Business
Sensex +43 21238
VIX India      19.49 ;0.85  ;4.56 %

Nifty P/C 1.34
BDI 1552

25/10/2013

1.Coca-Cola starts a new Plant on UP employing 200.
2.CoalGate

3.US economy weak.Gold may go up.

Sensex  -42 ;  20682  
VIX India      20.42 -0.22 -1.07 %
Institutional Investors Rs Crores
FII   +627
DII  -498
Nifty Discount  4 points[ on 25/10/2013]
Nifty P/C 1.45
Gold  1352;MCX 30710 / 10 grams 5% premium for small lots in India
Silver $ 726 MCX Rs 49700/Kg Premium 20% in India for small lots, as on 11/10/2013.
Copper $ 3.2582 / Lb
 THAT IS,PHYSICAL GOLD HAS DEMAND AND HENCE THE LOW PRICE SHOWS MANIPULATION MISUSING THE DERIVATIVES,BY THE VESTED INTERESTS.
BDI $  1708;-0;;-0%  ABOVE 200 DMA 1095.64
Reuters CRB Index $ 282.56
Brent $106.93/bbl

US 10 Year Treasury Yield 2.53%;+0.00% 
----------------------
Indian Crude Basket  24/10/2013
$/bbl 106.57
Rs/bbl 6544.46
At Rupee V Dollar 61.41
Last Fortnight October 1 st to 15th Rs 6629.64
--------------------------
US Dollar Index   79.21
Re V US Dollar 61.46
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.

17/10/2013

1.Import tariff of Gold and Silver  reduced.That is,DUTY RAISED.
     An excerpt from the link above:-
"The tariff value, the base price at which the Customs duty is determined to prevent under-invoicing, stood at $436 per 10 grams for gold and $702 per kg for silver during the last fortnight."
2.Petrol price not reduced this fortnight,despite having about Rupee 1 Cushion,for the same,citing Elections,by the OMCs.

 Sensex  -132 ;  20416  

VIX India       21.06; -2.18; -9.38 %

Institutional Investors Rs Crores

FII   +1110

DII  -1149

Nifty Premium  20.25 points[ on 17/10/2013]

Nifty P/C 1.40

Gold  1320;MCX 29498 / 10 grams 5% premium for small lots in India

Silver $ 708 MCX Rs 48067/Kg Premium 20% in India for small lotsas on 11/10/2013.

Copper $ 3.2651 / Lb

 THAT IS,PHYSICAL GOLD HAS DEMAND AND HENCE THE LOW PRICE SHOWS MANIPULATION MISUSING THE DERIVATIVES,BY THE VESTED INTERESTS.

BDI $  1960;-5;;-0.25%  ABOVE 200 DMA 1067.81

Reuters CRB Index $ 286.42

Brent $108.88/bbl
l

US 10 Year Treasury Yield 2.61%;-0.70% 
----------------------
Indian Crude Basket  16/10/2013
$/bbl 108.14
Rs/bbl 6671.16
At Rupee V Dollar 61.69
Last Fortnight October 1 st to 16th Rs 6629.64
--------------------------

US Dollar Index   79.71

Re V US Dollar 61.07

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.

3/10/2013

1.Bliss GVS Pharma in fake medicine import fraud, in Ghana,warned by the Global regulators.
2.UPA takes about Rs 4300 Crores loan from ADB,for "Infrastructure".
3.Banks[PSU?] in India to offer cheap Loans to artificially inflate demand for Consumer items.
Sensex +385 ;  19902   [On hopes of China economic rebound,as per rediff]

VIX India    25.17 -0.60 -2.33 % 
Institutional Investors Rs Crores
FII   +997
DII  -493
Nifty Premium 56 points[ on 3/10/2013]
Nifty P/C 1.32
Gold  1317;MCX 30204 / 10 grams 5% premium for small lots in India
Silver $ 698 MCX Rs 48653/Kg Premium 10% in India for small lots.
Copper $ 3.2478 / Lb
 THAT IS,PHYSICAL GOLD HAS DEMAND AND HENCE THE LOW PRICE SHOWS MANIPULATION MISUSING THE DERIVATIVES,BY THE VESTED INTERESTS.
BDI $  2047;+39;;+1.94%  ABOVE 200 DMA 1001.27
Reuters CRB Index $ 285.55.
Brent $109.19/bbl
US 10 Year Treasury Yield 2.62%;-0.01%
----------------------
Indian Crude Basket  2/10/2013
$/bbl 106.14
Rs/bbl 6618.89
At Rupee V Dollar 62.36
Last Fortnight September 16 th to 30th Rs 6739.66
--------------------------
US Dollar Index   79.75  [US Government shut down]
Re V US Dollar 61.74
HSBC PMI rises from 48.5 in August to 49.6 in September 2013.

Below 50 is bad.

HSBC Services PMI lowest for September 2013,since 2009.

2/10/2013

1.Holiday Gandhi Jayanthi
2.US Dollar Index has fallen to 79.81 at 1814 Hrs IST.
3.ZIRP and QEs allow the Bankers to make HUGE  profits
Sensex  ;  19517   [RBI move to introduce OMO.And Short covering?] 
VIX India    25.77 
Institutional Investors Rs Crores
FII   
DII  
Nifty Premium 87 points[ for 3/10/2013]
Nifty P/C 1.24
Gold  1316;MCX 30462 / 10 grams 5% premium for small lots in India
Silver $ 698 MCX Rs 47910/Kg Premium 10% in India for small lots.
Copper $ 3.2940 / Lb
 THAT IS,PHYSICAL GOLD HAS DEMAND AND HENCE THE LOW PRICE SHOWS MANIPULATION MISUSING THE DERIVATIVES,BY THE VESTED INTERESTS.
BDI $  2008;+14;;+0.70%  ABOVE 200 DMA 994.63
Reuters CRB Index $ 286.44.
Brent $109.25/bbl
US 10 Year Treasury Yield 2.63%;-0.03%
----------------------
Indian Crude Basket  30/9/2013
$/bbl 106.14
Rs/bbl 6663.47
At Rupee V Dollar 62.78
Last Fortnight September 16 th to 30th Rs 6739.66
--------------------------
US Dollar Index   79.86  [US Government shut down]
Re V US Dollar 62.40
HSBC PMI rises from 48.5 in August to 49.6 in September 2013.

Below 50 is bad.

Will be updated......

1/10/2013

1.Base import Tariff for Gold [$43.6 per Gram]hiked and reduced for Silver [$702 / Kg]. 
2.US Government shuts down after 17 years.
  India's engineering exports to the USA to be hit.
  The US Dollar Index Falls.
3.UN experts urge POSCO to stop its Steel plant in India[Orissa] 

Sensex  +137;  19517   [RBI move to introduce OMO.And Short covering?] 
Re V US Dollar  62.83
VIX India    25.77 -0.88 -3.30 %
Institutional Investors Rs Crores
FII   -107
DII  +125
Nifty Premium 87 points[ for 3/10/2013]
Nifty P/C 1.24
Gold  1287;MCX 30450 / 10 grams 5% premium for small lots in India
Silver $ 680 MCX Rs 49746/Kg Premium 10% in India for small lots.
Copper $ 3.2969 / Lb
 THAT IS,PHYSICAL GOLD HAS DEMAND AND HENCE THE LOW PRICE SHOWS MANIPULATION MISUSING THE DERIVATIVES,BY THE VESTED INTERESTS.
BDI $ 1994;-9;-0.45%  ABOVE 200 DMA 988.30
Reuters CRB Index $ 284.02
Brent $108.33/bbl
US 10 Year Treasury Yield 2.66%;+0.03%
----------------------
Indian Crude Basket  30/9/2013
$/bbl 106.14
Rs/bbl 6663.47
At Rupee V Dollar 62.78
Last Fortnight September 16 th to 30th Rs 6739.66
--------------------------
US Dollar Index   80.19
Re V US Dollar 62.46
HSBC PMI rises from 48.5 in August to 49.6 in September 2013.

Below 50 is bad.
Will be updated......

18/9/2013

2330Hrs IST:-
US Federal Reserve says no QE taper.Blames Federal deficit
Gold rises immediately by $34/US Oz[Rs 60/10 grams],Silver Rs 1600 per Kg[$26/Kg],Brent by more than $2.5/bbl  and US Dollar index drops to 80.32 from 81.20.
Inflation will be high.....
Under-recoveries claimed, by OMCs will rise.hence Fiscal Deficit will be high.
Petroleum fuels prices will be hiked.
Tough times ahead for Common People under M M Singh-Coalition.

Sensex   +158;  19962
Re V US Dollar  62.83
VIX India   27.69 -0.24 -0.86 %
Institutional Investors Rs Crores
FII   +580
DII  -508
Nifty Premium 42 points[18/9/2013]
Nifty P/C 1.51
Gold  1365;MCX 29990 / 10 grams 5% premium for small lots in India
Silver $ 744 MCX Rs 49577/Kg Premium 10% in India for small lots.
Copper $3.2730/ Lb
 THAT IS,PHYSICAL GOLD HAS DEMAND AND HENCE THE LOW PRICE SHOWS MANIPULATION MISUSING THE DERIVATIVES,BY THE VESTED INTERESTS.
BDI $ 1822;+82;+4.71%  ABOVE 200 DMA 938.10
Reuters CRB Index $ 289.54
Brent $110.60/bbl
US 10 Year Treasury Yield 2.69%;-0.17%
----------------------
Indian Crude Basket  17/9/2013
$/bbl 108.64
Rs/bbl 6885.60
US Dollar Index   80.19
Re V US Dollar 63.38

Last Fortnight September 1st to 15th Rs 7263.44

16/9/2013

1.Bankers exploit Ethanol Credits,meant for the refiners of Crude Oil, in the USA.
2.JP Morgan whistle-blowers say that the Bank manipulates the prices of Gold and Silver.
3.CFTC scrutiny brought ,by Commodity Hoarding by banks.
Sensex   +10;  19743
Re V US Dollar  62.83
VIX India   28.82; 0.53; 1.87 %
Institutional Investors Rs Crores
FII   +283
DII  -425
Nifty Premium 19.55 points[16/9/2013]
Nifty P/C 1.48
Gold  29787 / 10 grams 5% premium for small lots in India
Silver Rs 49832/Kg Premium 10% in India for small lots.
 THAT IS,PHYSICAL GOLD HAS DEMAND AND HENCE THE LOW PRICE SHOWS MANIPULATION MISUSING THE DERIVATIVES,BY THE VESTED INTERESTS.
BDI $ 1651;+15;+0.92%  ABOVE 200 DMA 931.03
Reuters CRB Index $ 289.46
Brent $109.07/bbl
US 10 Year Treasury Yield 2-88%;-0.02%
----------------------
Indian Crude Basket  16/9/2013
$/bbl 110.08
Rs/bbl 6877.80
Re V US Dollar 62.48

Last Fortnight September 1st to 15th Rs 7263.44

20/1/2012

Jairam Ramesh,The Indian Church and the Maoists.Read here.
SC asks Delhi Police to produce footage of  CCTV and CD.Read here.
Europe's Debt Crisis LIVE.Read here.
Latest Greek Bond holders may have to take a 70% hair-cut.
Sensex  +95;16739
VIX  India 21.96
USA           18.28;200 DMA  25.83
BDI 862;       Below 200 DMA of 1586
FII Rs Crores +820;
DII   -615;
Nifty 10.05 points Premium; 20/1/2012
P/C  0.92 ; 19/1/2012
Reuters CRB Index   $ 309.910
Gold   $ 1667 /Oz
Silver   $ 1035/Kg
Copper $ 3.7269 / Lb
Crude       $ 98.39/bbl
Dollar Index  80.16
Re Vs US Dollar  50.22

1/10/2010
Trouble in Telengana,Kashmir and Manipur.
India Imports a Net of $600 Million of Rough Diamonds in August  .Read here
India’s Polished Diamond Exports Continued to Rise .Read here
Rio finds India's biggest diamond field.Read here
Forex inflow continues.Read here
SEBI Bars Some Foreign Investors.Read here 

fii Rs Crores D/M/Y:+1825;+1825;+44936;   DII: -671 ;-671 ; -12223  The DII monthly and yearly figures are CORRECTED ones.
bdi  2452;+6;+0.25%      BELOW 200 DMA  of 2896
gold 1319 $/Oz
silver 710 $/Kg
Dr COPPER  3.6606  $/Lb    Correction.So far the unit was wrongly mentione as $/Kg

us dollar index 78.05
Re v Dollar 44.35
crude  81.65 $/bbl
Reuters CRB Index   285.69;-1.170 (-0.408%)
Nifty Futures discount/premium:- September 2010,32.6 points premium 1/10/2010 ;P/C 0.62;  30/9/2010
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   ;+376      20446
VIX(Fear Index) :-
              india 22.25

              usa 22.50;-1.20;-5.063%

Market Outlook From Economic Times
Market seen choppy to negative next week.Read here.
“We are very cautious at this juncture and suggest all short term players to lighten the position to avoid a sudden and sharp fall in the market. On the upside till Nifty does not move above 5000 levels we are not comfortable in suggesting in any long position to traders,”

MARKET OUTLOOK FROM ECONOMIC TIMES
Nifty5180-5200 support zone under threat
Implied Volatility is at 18.59%, which,  is unsustainable.
Market correction possible. FIIs have been  ‘shorting’ stock futures and  are selling in cash, along with buying of some ‘out-of-money’ Put options. The support zone of 5180-5200 is certainly under threat. Read here.

The fall in Nifty put call ratio to below 1 denotes reduction in short positions in the market and that is not good news,as purchases are best made above 13800 Sensex, per "thehindubusinessline.com".