Monday, May 21, 2012

21/5/2012

UPA allows Private parties to benefit by Rs 1.76 LAKH CRORES,as per CAG.Read here.
PMO supports RIL's demand for increase in its Gas-price.BP's influence?.Read here.
RBI sets limits on Currency F and O positions,of banks.To be adhered to by June 30th.Read here.
1718 firms defaulted to the tune of about Rs 700 Crores in 2011/12,towards their share of EPF.Read here.

Sensex   +30 ; 16183
vix[fear index]:-
India  -       23.92;+0.37;+1.57%
USA            22.01;200 DMA 25.73
Institutional Purchases:-
Foreign    D/M/Y :-    Rs Crores -  -80
Indian        Rs Crores :-                 +149
BDI   $           1141;[21/5/2012];Below 200 DMA of 1392;Shipping,GLOBAL ECONOMY and Markets in trouble.
Gold       1592 $/US Oz  [Higher margin requirements for gold trades that were announced Friday (4/5/2012)by the CME Group]
Silver     915 $/kg
Copper   3.5379 $/lb  
Reuters CRB Index US $  290.43    
Brent Crude     109.22  $/bbl      
China reduced  crude imports to 22.21mn tons, the least in 4-months, due to slowing economy & refinery repairs.                    
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Crude Oil (Indian Basket) 18/05/2012
-     In US Dollar ($/bbl) 105.79
-     In Indian Rupees (`/bbl) 5805.76
Exchange Rate  (`/$) 54.88
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US Dollar Index  80.96
Re V Dollar          54.97
The HSBC manufacturing Purchasing Managers' Index (PMI) , compiled by Markit, rose to 54.9 in April,as against  54.7 in March 2012. In January, the PMI reading was 57.5.
Above 50 indicates growth.
Nifty Futures [Monthly]    21.05 Discount,21/5/2012
P/C  0.48 ;18/05/2012



Will be updated.....

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