Monday, March 07, 2011



For 7/3/2011 at 0345 Hrs IST on 8/3/2011
IA incurs a loss of Rs 10000 Crores.Another scam.Read here.
RBI introduces Interest Rate Futures on 91-Day Treasury Bills issued by the UPA at the Centre now. A bad move to enourage Derivatives,instead of BANNING them.

Sensex    -264   ;18222.India's political situation,scams,Libya,Oil and Dollar.
volume     bse   -     207738180
                     nse   -     480535770
                    Total -      688273950  
Volumes VERY LOW.
vix[fear index]:-
India  25.22;+2.31;+10.08%
USA   20.66;-+1.60;+8.40%              200 DMA 22.18
Institutional Purchases:-
Foreign    D/M/Y :-    Rs Crores -92;+1140;+15002
Indian        Rs Crores :- +46;+12;+11026
BDI              1346;Below 200 DMA of 2300;Shipping and Markets in trouble.
Gold     1432 $/US Oz
Silver     1155 $/kg
Copper   4.3198 $/lb  
Reuters CRB Index US $  362.89;       0332       Hrs IST.
Crude     104.97   $/bbl;Libya,Dollar falls.
US Dollar Index  76.47
Re V Dollar          45.045
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  19.30,     Premium,7/3/2011
P/C   0.59,4/3/2011`



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