Thursday, April 11, 2013

11/4/2013

1.RBI mulls action  against, the three errant private Banks exposed by Cobrapost.
2.M M Singh shabbily treated at BRICS,Durban,2013, by Jacob Zuma,during the BRICS meet .The latter did not even meet M M Singh.Other Heads Of State like Putin and Xi Jinping,were treated respectfully.
     India's Current Account Deficit is,a MASSIVE 6.7% of the GDP in Q3,2012/13!!! 
3.Cyprus may be enacted in the USA.confiscation of Bank accounts?
4.Cyprus to sell 40 Crore Euros worth of Gold.IMF does an India[1990s]

Sensex      ;             +128  ;         18542 [Manipulation as FII and DII purchases are meagre] 
vix[Volatility index]:-            
India  -                      16.97;+ 0.48;+ 2.91 %
Institutional Buying:-        
 i)Foreign  Rs  Crores      -         +37
ii)Indian    " "                  -          +57.71   
BDI   $                                      865;+6;+0.70% 
Above  200 DMA of  862.
GLOBAL ECONOMY  in trouble,
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       1562 $/US Oz ;                  Rs   29175 / 10 grams[MCX]
[ CME reduces margins in Gold($ 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      889 $/kg  ;                      Rs      51653 /Kg [MCX}
Copper   3.4240 $/lb    
CCI or Reuters CRB Index US $ 289.94
Brent Crude    104.25  $/bbl                 [43% in Indian Crude basket]
Oman Dubai Crude price  NA [57% in  Indian Crude basket]
Indian Crude Basket as per the above NA [  One day Lag possible,hence approximate.Pl see previous day's Brent price to get the exact one]
----------------------
Crude Oil (Indian Basket 10/4/2013
-     In US Dollar ($/bbl) 104.02
-    In  Rs   (`/bbl)          5672.21  
-     last fortnight      "   "         5752.03[March 15 th to 31st,2013]
Exchange Rate  (`/$) 54.53
----------------------
US  Dollar Index       82.19
Rs    V Dollar          54.30
The HSBC India Manufacturing Purchasing Managers' Index (PMI) - a measure of factory production -stood at 51.4 for march[Power Shortage] against 54.2 in February, 2013. It stood at 53.7 in November.
Above 50 indicates growth.Applies only for production,but NOT Utilities.
The HSBC services Purchasing Managers' Index, based on a survey of around 400 companies, fell to 54.2 in February from a one-year high of 57.5 in January. It was the biggest one-month fall in nearly a year.
Nifty Futures [Monthly]      2.8 5 points  , DISCOUNT,11/4/2013
P/C  NIFTY-      0.94

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