Friday, December 21, 2012

21/12/2012

FDI limit in Asset Reconstruction Cos raised from the 49 to 74%.
Sensex      ;               -211;          19242
vix[fear index]:-
India  -                                   14.63;+ 0.31;+ 2.16 %
Institutional Buying:-      
i)Foreign Rs Crores      -         +115
ii)Indian    " "                  -         +258  [If DIIs buy,one can also do so]
BDI   $                                             700;-8; -1.14%
Sharp fall below  200 DMA of 933,.It is worth noting that Coal Stocks are piling up in China as some Steel Mills have been closed..
BDI unable to breach the PREVIOUS TOP...........
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       1657 $/US Oz ;'                  Rs 30890/10 grams [MCX]
[ CME reduces margins in Gold($ 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      963 $/kg  ;                     Rs 58306 /Kg [MCX}
Copper   3.5475 $/lb  
CCI or Reuters CRB Index US $ 294.13
Brent Crude    109.15  $/bbl
----------------------
Crude Oil (Indian Basket  20/12/2012
-     In US Dollar ($/bbl) 108.02
-    In Indian Rupees (`/bbl)    5923.82
-     last fortnight      "   "         5815.85[December 1 st to 15th,2012]
Exchange Rate  (`/$) 54.84
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US Dollar Index 79.66 [Massive QE .Ineterest rate kept "NEAR ZERO" by the US Federal Reserve,on 12/12/2012]
US  Dollar Index 79.53
Re V Dollar          55.06
HSBC Markit Purchasing Manger's Index,rose, rapidly to 53.7 in November against 52.9,in October,,2012
Above 50 indicates growth.Applies only for production,but NOT Utilities.
Nifty Futures [Monthly]     4 points , PREMIUM,21/12/2012
P/C  NIFTY-       1.17

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