Thursday, June 28, 2012

29/6/2012

Eurozone leaders ease repayment rules for Spain and Italy.Commodities rise very much.
Pro-FII GAAR modification,petrol price reduction and expected pro-MNC[anti-India}polices,lift the markets on opening.
8 core industries slow down to 4.6 from 5.8% in May,2012.
Arvind Netam supports Sangma for President and gets suspended from the Indira Congress party.
RBI allows FIIs to invest 23% directly in Comex.
IRDA slaps about Rs 1.5 Crore fine on HDFC Life.
As per RBI,Indian Banks are misleading investors regarding NPA[Bad loans].
India's CAD at 4.5% of the GDP.

Sensex  +439 ; 17420
Nifty Futures [Monthly]    9.85, Discount,29/6/2012
P/C  1.53
vix[fear index]:-
India  -       19.08;-1.54;-7.47%
USA            17.08;200 DMA 23.63
Institutional Purchases:-
Foreign    D/M/Y :-    Rs Crores - +3046
Indian        Rs Crores :-                -251
BDI   $           1004;Below 200 DMA of 1311;Shipping,GLOBAL ECONOMY and Markets in trouble.
Gold       1599 $/US Oz  [Higher margin requirements for gold trades that were announced Friday (4/5/2012)by the CME Group]
Silver     883 $/kg
Copper   3.5155 $/lb
Reuters CRB Index US $  284.19  
Brent Crude    97.91  $/bbl    
----------------------
Crude Oil (Indian Basket) 27/6/2012
-     In US Dollar ($/bbl) 91.66
-     In Indian Rupees (`/bbl) 5244.79
-     last fortnight      "   "          5407.52  [June 1st to 15th,2012]
Exchange Rate  (`/$) 57.22
----------------------
US Dollar Index  81.59
Re V Dollar          55.50 [Manipulation for FDI in retail,reducing CAD,Decontrol of Diesel price etc]
The HSBC manufacturing Purchasing Managers' Index (PMI) , compiled by Markit, slipped to 54.8 in May,as against  54.9 in April 2012. In January, the PMI reading was 57.5.
Above 50 indicates growth.


Will be updated........

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