Thursday, November 22, 2012

23/11/2012

New Pharma Policy announced.
Fertilizers price increased by 1% but,subsidy linked to sales instead of production.
Privatization in full swing at the cost of the nation,misusing the s called Infrastructure.
USA,China,Japan and Eurozone are connected by Debt.
US Banks are having exposure to Eurozone.China and Japan have exposure to US treasury Bonds.
Subsidy to be given in the form of Cash,a World bank diktat to the Indira Congress party-led Coalition.Bankers to benefit,like Food Stamps in the USA.As Inflation reaches hyper-levels the "beneficiaries", to LOSE!When are the Banksters entering the Scene,.This is the one to be watched.The scheme has a connection with the proposed new licenses to private bankers.......

Sensex  -11 ; 18507
Nifty Futures [Monthly]    4 points  Premium,23/11/2012
P/C  1.03
vix[fear index]:-
India  -       14.81;+0.08;+0.34%
Institutional Purchases:-
Foreign    D/M/Y :-    Rs Crores -       +366
Indian        Rs Crores :-                        -184
BDI   $           1090;+20;+6;+0.55%;Above  200 DMA of 915;but still low  .
Shipping,GLOBAL ECONOMY and Markets in trouble.
Gold       1752 $/US Oz  [CME has reduced Margins for Gold,Silver and Copper contracts on 15/11/2012]
Silver     1097  $/kg
Copper   3.5142 $/lb
Reuters CRB Index US $  292.16
Brent Crude    111.39  $/bbl    
----------------------
Crude Oil (Indian Basket) 22/11/2012
-     In US Dollar ($/bbl) 109.17
-     In Indian Rupees (`/bbl) 6021.82
-     last fortnight      "   "          5797.53  [November   1 to 15 ,2012]
Exchange Rate  (`/$) 55.16
----------------------
US Dollar Index  80.22
Re V Dollar          55.44
The HSBC manufacturing Purchasing Managers' Index (PMI) , compiled by Markit, rose 0.1% to 52.9 in october,as against 52.8 in September, 2012,the same as in August.this year In January, the PMI reading was 57.5.
Above 50 indicates growth.


To be continued.....

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