19/3/2013

1.DMK withdraws support to UPA. Telecom Honchos accused on 2 g spectrum scam.Indices tumble.
2.RBI cuts repo by 0.25% ,but Banks not to cut Auto and Home Loans.
3.Cyprus Bank Holiday.Contagion in Eurozone feared.Lehmann Brothers II.2008 Deja Vu!Greek Bond falls.
    Cypriot Prez says the Parliament will reject the unjust Bailout plan by the IMF and ECB.

Sensex  -285 ; 19008
Nifty Futures [Monthly]    7 points  Premium,19/3/2013
P/C  0.99
vix[fear index]:-
India                                                   16.71;+ 0.86;+ 5.43 
Foreign    D/M/Y :-    Rs Crores -     +63
Indian        Rs Crores :-                        +72
BDI   $           912;  +13;   +1.43%;ABOVE  200 DMA of 865.
Shipping,GLOBAL ECONOMY and Markets in trouble.
Gold       1613 $/US Oz   Rs 29871 / 10 grams { Manipulation as Crude price ONLY is going up on a weak Dollar but others fall,especially Gold and Silver to some extent.Big Oil and "THE" Bankers?]
 [CME has reduced Margins for Gold,Silver and Copper contracts on 15/11/2012]
Silver     929  $/kg      Rs 54709 / Kg
Copper   3.4349 $/lb  
Reuters CRB Index US $  293.13
Brent Crude    107.34  $/bbl      [43% Indi Crude basket]
Oman Dubai Crude  $105.31/bl [57%R Indian Crude basket] 19/3/2013
Indian Crude Basket [approx due to date variation] 106.18/bbl
----------------------
Crude Oil (Indian Basket) 18/3/2013
-     In US Dollar ($/bbl) 106.12
-     In Indian Rupees (`/bbl)   5761.25
-     last fortnight      "   "          5969.95  [March    1st to 15 th, ,2013]
Exchange Rate  (`/$) 54.29
----------------------
US Dollar Index  83.02
Re V Dollar          54.20
The HSBC manufacturing Purchasing Managers' Index (PMI) , compiled by Markit, 54.2 in February,2013,against 53.2 in January, 2012.In January, the PMI reading was 57.5.
The HSBC services Purchasing Managers' Index (PMI), based on a survey of around 400 companies, fell to 54.2 in February from January,2013, 57.5.
Above 50 indicates growth.

Will be updated...