7/11/2012

India Inc face a FCCB redemption of about Rs 8000 Crores,this Fiscal.
Obama Wins.Dow falls more than 2%.Slight rise in Dollar.Crude falls........QE expected.Inflation and Commodities' prices, will be HIGH.

Sensex  +85;          18902   

vix[fear index]:-

-India  -       14.51;

Institutional Buying:-        

i)Foreign Rs Crores      -          +728

ii)Indian    " "                  -          -197

BDI   $  916;-31;3.27%;    ABOVE 200 DMA of 895,Below 200 EMA of 1008,but too low and decreasing TREND.

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       1716  $/US Oz  [Higher margin requirements for gold trades, were announced Friday (4/5/2012)by the CME Group.Bankers who short Gold and Silver are,reportedly,aided by the various Agencies,and turn a blind eye or look the other way. ]

Silver     1022 $/kg  

Copper   3.4500 $/lb    

Reuters CRB Index US $ 297.17      [6/11/2012]

Brent Crude    106.75  $/bbl   

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Crude Oil (Indian Basket  6/11/2012

-     In US Dollar ($/bbl) 106.49 

-     In Indian Rupees (`/bbl) 5636.22

-     last fortnight      "   "         5814.35[October 16 th to 31st,2012]

Exchange Rate  (`/$) 54.60

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US Dollar Index 80.77

Re V Dollar          54.20 

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]  34 points , PREMIUM/Discount,7/11/2012

P/C  NIFTY 1.17