Thursday, January 17, 2013

17/1/2012

Diesel partially decontrolled and price hiked by paise 45/Litre.That of petrol reduced by paise 25/Litre.Non-subsidized LPG Cylinders price hiked by Rs 50 per Cylinder.Opposition furious.
HYPER-INFLATION expected.as this hike and decontrol are for the sake of the MNCs who are going to enter retail marketing in these fuels and the private players.
US Mint runs out of 2013 Silver Coins and suspends sales.
Sensex      ;               +146;          19964
vix[fear index]:-  
India  -                        14.01 ;+0.02;+ 0.14 %
Institutional Buying:-      
 i)Foreign  ₹  Crores      -         +564
ii)Indian    " "                  -          -519
BDI   $                                             820;+39;+5%
Sharp fall below  200 DMA of 922,.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...........Very near the all-time low, reached not  long ago.
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       1687 $/US Oz ;'                   ₹   30741 / 10 grams[MCX]
[ CME reduces margins in Gold($ 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      1020 $/kg  ;                      ₹      59531 /Kg [MCX}
Copper   3.6265 $/lb  
CCI or Reuters CRB Index US $ 300.33
Brent Crude    110.99  $/bbl
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Crude Oil (Indian Basket  15/1/2013
-     In US Dollar ($/bbl) 107.92
-    In  ₹   (`/bbl)    5917.25
-     last fortnight      "   "         5969.95[January 1 st to 1 th,2013]
Exchange Rate  (`/$) 54.83
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US  Dollar Index 79.68
 ₹    V Dollar          54.27
HSBC Markit Purchasing Manger's Index,rose, to 54.7 in December,last year,against 53.7 in November.
Above 50 indicates growth.Applies only for production,but NOT Utilities.
Nifty Futures [Monthly]     11.80 points , PREMIUM,17/1/2013
P/C  NIFTY-       1.41

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