Thursday, August 23, 2012

23/8/2012

SBI Chairman proposes the CRIMINAL,"zero" Reserve Banking,for INFINITE profits.Another bad example of DEREGULATION ,being proposed.
The Centre contradicts its own stand on utilization of the Natural resources of the Nation.
Small efforts towards converting SAARC into a EU-clone.Pakistan is allowed FDI in India.

Sensex  +3 ; 17850
Nifty Futures [Monthly]    16.80, Premum,23/8/2012
P/C   2.31
vix[fear index]:-
India  -       16.12;+0.12;;+0.76%
Institutional Purchases:-
Foreign    D/M/Y :-    Rs Crores - +312
Indian        Rs Crores :-                   -161
BDI   $           715;Below 200 DMA of 1107;Shipping,GLOBAL ECONOMY and Markets in trouble.
Gold       1670 $/US Oz  [Higher margin requirements for gold trades that were announced Friday (4/5/2012)by the CME Group]
Silver     982  $/kg
Copper   3.4585 $/lb
Reuters CRB Index US $  307.24  
Brent Crude    115.01  $/bbl    
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Crude Oil (Indian Basket) 22/8/2012
-     In US Dollar ($/bbl) 113.02
-     In Indian Rupees (`/bbl) 6273.74
-     last fortnight      "   "          5979.57  [August 1st to 15th,2012]
Exchange Rate  (`/$) 55.51
----------------------
US Dollar Index  81.38
Re V Dollar          55.25 [Manipulation for FDI in retail,reducing CAD,Decontrol of Diesel price etc]
The HSBC manufacturing Purchasing Managers' Index (PMI) , compiled by Markit, fell in July, 2012. In January, the PMI reading was 57.5.
Above 50 indicates growth.


Will be updated......

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