Monday, September 26, 2011

26/9/2011



UPA seems to let India down on J&K.Read here.
MM Singh is reported to be involved in the 2 G spectrum scam from 2006.
BJP has prepared a pamphlet pointing out about Rs 5 lakh crores corruption by the UPA II.
Raising of margins by CME has resulted in drop in prices of Gold,Silver and Copper.
Dollar strength seems apparent.
Sensex  -111;   ;16051
vix[fear index]:-
India  -      35.43;0.27;0.77%
USA            39.02;-2.23;-5.41%;200 DMA 21.55
Institutional Purchases:-
Foreign    D/M/Y :-    Rs Crores -1083;-2618;-19064
Indian        Rs Crores :-                 +575;+1429;+23840
Others        Rs Crores                      +13;+126;-3932
BDI              1928;+8;+0.42%;Above 200 DMA of 1472,but too loo;Shipping and Markets in trouble.
Gold     1628 $/US Oz
Silver     989 $/kg
Copper   3.3029 $/lb  
Reuters CRB Index US $  303.150;      0253       Hrs IST.
Crude     81.30  $/bbl  [Dollar higher]                         "         "   "
US Dollar Index  77.96[Apparent as $400 Billion QE is expected]
Re V Dollar          49.445[RBI in printing spree]
The Indian  Markit/HSBC purchasing managers' index, based on a survey of around 500 companies, showed a sharp fall to 52.6 for August v 53.6 for July,2011.

Nifty Futures   4.7 Premium,26/9/2011
P/C   0.53,on 23/9/2011



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