Friday, March 11, 2011


For 11/3/2011 at 0355 Hrs on 12/3/2011
IIP rises by ONLY 3.7% in January,2011.
RBI may raise repo rates on 17th March,mid-Quarter Review, by 25BPs and by the same amount later.
The Reserve Bank of India (RBI) on 8/3/2011,from Mumbai,said that it has imposed a monetary penalty of Rs1lakh on The Muslim Co- operative Bank of Pune,due to violation of instructions,on five occasions between August 1, 2005 and July 27, 2009, and the percentage of donations ranged between 13.40% and 18.20% of the published profits of the previous year,against the allowed 1% .
Labour movement  defeated in Wisconsin.Trouble for Republicans in 2012.
Con Artist MM Singh knew about charge against CVC.Read here.
BJP alleges scam at Yashvant Rao Chavan Memorial Hospital.Read here.
ISRO,Antrix and Devas.Read here.
Silver may rise.Read here.
Durga Temple in Sindh in Pakistan faces demolition.Read here.
Sensex    -154   ;18174.Tsunami in Japan,which is already the most heavily indebted major economy in the world,has caused huge damages in this Eastern nation.
vix[fear index]:-
India  24.13;+0.60;+2.55%
USA   20.08;-1.80;-8.23%              200 DMA 21.85
Institutional Purchases:-
Foreign    D/M/Y :-    Rs Crores -244;+1655;+15521
Indian        Rs Crores :- +112;+462;+11220
Others        Rs Crores                        +14 /-154/-864;corrected
BDI              +1562;+24;+1.56%;Below 200 DMA of 2267;Shipping and Markets in trouble.
Gold     1420 $/US Oz
Silver     1154 $/kg
Copper   4.2404 $/lb  
Reuters CRB Index US $  351.88;       0351       Hrs IST.
Crude     100.58   $/bbl;Japanese tsunami brings down Oil prices.
US Dollar Index  76.73
Re V Dollar          45.06
The HSBC Markit Business Activity Index, based on a survey of around 400 companies, rose to 60.2 in February from 58.1 in January, staying above the 50 mark that separates growth from contraction for the 22nd consecutive month.[3/3/2011]
Above 50 indicates growth.
Nifty Futures  17.10,     points Premium,11/3/2011
P/C   0.56,on 10/3/2011`



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