Tuesday, November 20, 2012

20/11/2012

M M Singh and Chidambaram misusing LIC,for the Indian Citizens to bail out the GOI itself,breaking many rules and regulations of IRDA,which is unhappy,with this,TRICK of the two mentioned above.
SEBI discontinues Mini-Derivatives.
Real Estate accounts for 30% Blackmoney in India.
Labour intensive Sectors,like Textiles may be extended SOPs.
LIC, EPFO to pick up AI's Rs 7,400-cr bond issue at 9.08%
Computers misused to steal wealth [AI bandits steal in the Stock markets]'
HCL [Hindustan Copper Ltd],fell with huge volumes ahead of Divestment.
Sensex -10  ;          18330
vix[fear index]:-
-India  -       15.81;
Institutional Buying:-      
i)Foreign Rs Crores      -       +143  
ii)Indian    " "                  -         -11
BDI   $  1066;    ABOVE 200 DMA of 907,but too low.It is worth noting that Coal Stocks are piling up in China as some Steel Mills have been closed..
GLOBAL ECONOMY  in trouble.Fiscal Deficits and Debts  of many nations,ARE VERY HIGH.
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       1735  $/US Oz  [ CME reduces margins in Gold($ 1700 per contract),Silver about $4300 per contract,Silver and  Copper($500),on 16/11/2012.
Shorting Gold and Silver are,reportedly,aided by the various Agencies,and turn a blind eye or look the other way. ]
Silver     1065 $/kg
Copper   3.4662 $/lb  
Reuters CRB Index US $ 298.35  
Brent Crude    109.94  $/bbl
----------------------
Crude Oil (Indian Basket  16/11/2012
-     In US Dollar ($/bbl) 107.54
-    In Indian Rupees (`/bbl) 5913.62
-     last fortnight      "   "         5797.53[Noember 1 st to 15th,2012]
Exchange Rate  (`/$) 54.99
----------------------
US Dollar Index 81.00
Re V Dollar          55.10
HSBC Markit Purchasing Manger's Index,was 52.9,in October,compared to 52.8, in September,2012
Above 50 indicates growth.Applies only for production,but NOT Utilities.
Nifty Futures [Monthly]  11.8 points , PREMIUM,20/11/2012
P/C  NIFTY 0.92

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