Tuesday, September 18, 2012

18/9/20112

CAG wants to "AUDIT",under-recoveries,claimed by the OMCs.....Thew Oil Ministry agrees,This is a welcome development.
TRINAMUL CONGRESS OPTS OUT OF UPA.
Bihar CM to cut VAT to reduce the price of Diesel.
QE3 boost bby year-end.
HEAVY SINGLE-DAY DROP IN BRENT CRUDE:-
i)China-Japan tensions?
ii)Trader off-loading?
iii.US Strategic Reserve Decision?No chnage as per White House.
iv)Economic concerns after the Stimulus rally.

Sensex     -46;18496
vix[fear index]:-
-India  -       17.83;+0.05;+0.28%
Institutional Buying:-
i)Foreign Rs Crores      -        +1049
ii)Indian    " "                  -         -671
BDI   $  697;;     Below 200 DMA of 1008;Shipping and GLOBAL ECONOMY  in trouble.
2015:-Bond Redemption of the Nations having the HIGHEST Debts,led by Japan.HUGE QEs expected.Currencies will crumble.Commodities will dominate.Land too. 
Gold       1771 $/US Oz  [Higher margin requirements for gold trades that were announced Friday (4/5/2012)by the CME Group.QEs from Central banks expected,s on 25/8/2012]
Silver     1118 $/kg
Copper   3.7582 $/lb  
Reuters CRB Index US $  311.56
Brent Crude    112.00  $/bbl        [Crude-oil futures lose ground on concerns about economic weakness, China-Japan tensions.Trader off-loading,abd Obama releasing petroleum Reserves suspected.weak Gobal economy]
----------------------
Crude Oil (Indian Basket)17/9/2012
-     In US Dollar ($/bbl) 115.31    
-     In Indian Rupees (`/bbl) 6223.28
-     last fortnight      "   "         6303.61[September 1st to 15th,2012]
Exchange Rate  (`/$) 53.97
----------------------
US Dollar Index 79.20
Re V Dollar          53.90 [Manipulation for FDI in multi Brand retail,CAD,Diesel and other fuels' price decontrol and hike for the benefit of the MNCs and Private players]
HSBC Markit Purchasing Manger's Index,was 52.8,in August,compared to 52.9, in July,2012
Above 50 indicates growth.
Nifty Futures [Monthly]  12.35, PREMIUM,18/9/2012
P/C  NIFTY 1.54


To be continued......

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