20/3/15

1.Sensex falls by 208 points.
2.Gold and Silver [MCX Futures Rs 37700/Kg ]shoot up.
LBMA price,"discovery" mechanism For Gold,administered by ICE via 6 banks starts today.
3.Rupee 62.47 v the US dollar
4.US Dollar index falls to 97.58
5.Mineral Mining Bill passed.
cost of production of SAIL,Hindalco and Tata Steel may rise by about 30% as per Business Standard site.
6.Huge correction expected,in the stock markets.
Will be updated.....

30/10/2013

1.Poor projected steel demand in Europe forces Tata Steel to recast its UK Business with reduction in man-power.
2.The QEs of the US Federal Reserve,ECB,BoE and BoJ are DEFAULT by stealth.
3.Banks [Indian ones],may hike FD interest rates.
     An excerpt from the link above:-
"Those planning to take the plunge by investing when the deposit rates rise should wait a while. Currently, fixed deposit rates are lower than CPI numbers. For instance, State Bank of India’s one-year rate of nine per cent is lower than the CPI, which is 9.84 per cent."
4.US Federal reserve maintains the QE.

Sensex  +105 ;  21034  

VIX India      19.53 -0.23 -1.16 %

Institutional Investors Rs Crores

FII   +1017

DII  -551

Nifty Premium  3.3 points[ on 30/10/2013]

Nifty P/C 1.73

Gold  1342;MCX 30159 / 10 grams 5% premium for small lots in India

Silver $ 730 MCX Rs 49970/Kg Premium 20% in India for small lots,as on 11/10/2013.

Copper $ 3.2767 / Lb

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

BDI $  1551;-68;;-4.20%  ABOVE 200 DMA 1112.01

Reuters CRB Index $ 280.02

Brent $109.01bbl

US 10 Year Treasury Yield 2.55%;+0.02% 

----------------------

Indian Crude Basket  29/10/2013

$/bbl 107.25

Rs/bbl 6592.20

At Rupee V Dollar 61.46

Last Fortnight October 1 st to 15th Rs 6629.64

--------------------------

US Dollar Index   79.77

Re V US Dollar 61.24

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.

News

Trouble in Telengana,Kashmir and Manipur.
CWG has begun.Read here
Engineers join SBI as clerks.India's economy and MM Singh's "inclusive growth".In India it is difficult to get a job if one does not have "influence".Read here
This year gold will be anywhere from $1,450 to $1,650.Read here
Arunachal on hydro-projects,in trouble.NHPC may be adversely affected.Read here
Tata Steel hikes prices about Rs 1500/Mt. Read here
IVRCL Assets and Holdings Ltd confident after completion of desalination project for Chennai Metrowater.Read here
Wall Street mortgage lenders could again be in serious trouble. Read here
Emergency declared in Ecuador.Read here
Rift between the Pentagon and the WH?Robert Gates says the USA will not leave Afghanistan "at all".Read here
Currency wars.Read here
Volcker: “The Financial System is Broken”.........Read here
The USA considers Bill that Aims To Punish Countries That Undervalue Their Currency.Read here
US and the UK in recession.Read here
Roma:EU warn France.Read here
Stuxnet in China too.Read here
Dollar at 6 month low.Read here
REC gets RBI nod.Read here
Vedanta's Sterlite gets a breather.Read here
Decline of the USA and the UK.Read here

Telengana problem continues.
Iron Ore export duty increased,Tata Steel and Sail, increase price of products,

1.BDI 3005,same as that of 24th.US Dollar Index up(77.63). Rupee 6 paise up v Dollar @46.44
2.Reuters/Jeffries CRB index 284.4(+3.6).
3.Gold $1101/oz
4.Silver $564/kg
5.VIX 19.93(+2.36%)
6.Crude $78.56/bbl
7.Sensex 17361 Indian markets closed.