Friday, May 25, 2012

25/5/2012

Team ANNA,wants M M Singh and Pranab Mukherjee probed,among others.Read here and here.
UPA favoured GMR ignoring NDA Cabinet Note,in the Agreement  T3 terminal of DIAL.Read here and  here.
Demand in  Japan [Nuclear Plants start up Moratorium]keeps Brent Crude from falling sharply.Read here
NBA[National bio-Diversity Authority], complaint against Monsanto and its "Indian partners,Mahyco,Satguru Consultants and other Public-Funded institutions".Read here.
Suzlon's FCCB trouble:Will have to sell assets worth Rs1000 Crores,by June this year.Read here.
SBI to start Operations in Botswana.Read here.
Vatican Bank Fires President.Read here.
Many Indian Cos do not hedge their Dollar Debts.Read here.

20 to 42% of the malaria vaccines used in Southeast Asia and sub-Saharan Africa are of substandard quality or absolutely fake.Read here.


Sensex   -5 ; 16218
vix[fear index]:-
India  -       25.14;-0.35;-1.37%
USA            21.76;200 DMA 25.38
Institutional Purchases:-
Foreign    D/M/Y :-    Rs Crores -  -624
Indian        Rs Crores :-                 +435
BDI   $           1034;Below 200 DMA of 1388;Shipping,GLOBAL ECONOMY and Markets in trouble.
Gold       1574 $/US Oz  [Higher margin requirements for gold trades that were announced Friday (4/5/2012)by the CME Group]
Silver     917 $/kg
Copper   3.4767 $/lb  
Reuters CRB Index US $  281.95  
Brent Crude     106.80  $/bbl      
China reduced  crude imports to 22.21mn tons, the least in 4-months, due to slowing economy & refinery repairs.                  
----------------------
Crude Oil (Indian Basket) 23/05/2012
-     In US Dollar ($/bbl) 104.82
-     In Indian Rupees (`/bbl) 5862.58
Exchange Rate  (`/$) 55.93
----------------------
US Dollar Index  82.39
Re V Dollar          55.365 
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]    7.50, Premium,25/5/2012
P/C  0.51 ;24/05/2012


Will be updated....

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