4/10/2011

RUMOURS OF RECAPITALIZATION OF EU BANKS RAISES INDICES IN THE US,in the last 15 Minutes,led by BANK Stocks.
Greece,Belgian-French Bank,Dexia,and Local SBI, in trouble.Equities may fall.Read here.
Bernanke says "NO IMMEDIATE" QE3.Read here.[Does he mean QE3 will certainly be there?]
Read here.
Libya News:Read here
Sensex -287;15865 [Moody's downgrades SBI on Tier I.September 2011 PMI 50.4]
Institutional Investors,D/M/Y,Rs Crores:-
FII  :   -971;-1797;-21332
Indian :  +556;+851;+25192      
Others:   +38;+96;-3990
$BDI:- 1885;-1;-0.05%;Shipping In SERIOUS trouble,so also the Stock Markets,as BDI is too LOW.Above 200 DMA of 1464.
VIX[Fear Index]:   India  37.19; +2.12;+6.05%
                   USA 40.82;-4.63;-10.19%; 200 DMA 22.26  
Nifty 6.85 Premium, 4/10/2011.
P/C    0.63 on 3/10/2011
The HSBC Markit Purchasing Managers’ Index (PMI), based on a survey of around 500 companies,fell to
50.4 for September, from 52.6 in August,2011.Above 50 indicates expansion while anything below it implies contraction.
Gold  1624 $/Oz.
Silver 972 $/Kg  
Copper 3.0513 $/Lb
Dollar Index  78.97[Manipulation.QE for $400 Billion and still the $ strong!]
Rupee V Dollar  49.40 [The RBI seems to be PRINTING NOTES.Stimulus expected]
Reuters CRB Index US $  293.28  at 0301 Hrs IST
Crude 77.86 $/bbl.  0303 Hrs IST