Wednesday, November 21, 2012

22/11/2012

Preliminary survey hows China's PMI has increased,but one has to wait till 1st December for the actual figure.
NTPC [9.5%], and Hindustan Copper Ltd [4% now and about 5% later],NMDC Oil India divestment to be done, by the UPA. Selling Family Silver to usher in PPP.
Sensex    +57  ;          18518
vix[fear index]:-
-India  -       14.91;-0.55;-3..55%
Institutional Buying:-      
i)Foreign Rs Crores      -       +115  
ii)Indian    " "                  -         -164
BDI   $  1084;    ABOVE 200 DMA of 912,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       1728  $/US Oz  [ CME reduces margins in Gold($ 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     1073 $/kg
Copper   3.4830 $/lb  
Reuters CRB Index US $ 297.59     [21/11/2012]
Brent Crude    110.24  $/bbl
----------------------
Crude Oil (Indian Basket  21/11/2012
-     In US Dollar ($/bbl) 109.11
-    In Indian Rupees (`/bbl)    6022.87
-     last fortnight      "   "         5797.53[November 1 st to 15th,2012]
Exchange Rate  (`/$) 55.20
----------------------
US Dollar Index 80.67
Re V Dollar          55.21
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]  5.15 points , DISCOUNT,21/11/2012
P/C  NIFTY 1.03

Will be updated

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