1.Brent Crude falls by more than $2/bbl,due to:-
i)High US Inventory
ii)Less demand which may last a few more months.
Sensex ; -288 ; 18510
vix[Volatility index]:-
India - 15.85;+ 0.98;+ 6.59 %
Institutional Buying:-
i)Foreign Rs Crores - -326
ii)Indian " " - +65
BDI $ 866;-11;-1.27%
Falling.Near or ON 200 DMA of 865.Unable to pirce the previous HIGH.
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 1554 $/US Oz ; Rs 29238 / 10 grams[MCX]
[ CME reduces margins in Gold($ 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 865 $/kg ; Rs 50722 /Kg [MCX}
Copper 3.3662 $/lb
CCI or Reuters CRB Index US $ 288.47
Brent Crude 106.34 $/bbl [43% in Indian Crude basket]
Oman Dubai Crude price $ 104.85/bbl [57% in Indian Crude basket];1/4/2013
Indian Crude Basket as per the above $105.49/bbl [1/4/2013 One day Lag possible,hence approximate.Pl see previous day's Brent price to get the exact one]
----------------------
Data from THIS link.
Crude Oil (Indian Basket 3/4/2013
- In US Dollar ($/bbl) 107.84
- In Rs (`/bbl) 5865.42
- last fortnight " " 5752.03[March 15 th to 31st,2013]
Exchange Rate (`/$) 54.39
----------------------
US Dollar Index 82.71
Rs V Dollar 54.65
http://www.indiainfoline.com/Markets/News/India-HSBC-March-services-PMI-falls-to-51.4-reports/5650900409
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] about 20 points , PREMIUM,4/4/2013
P/C NIFTY- 0.88
Sensex ; -288 ; 18510
vix[Volatility index]:-
India - 15.85;+ 0.98;+ 6.59 %
Institutional Buying:-
i)Foreign Rs Crores - -326
ii)Indian " " - +65
BDI $ 866;-11;-1.27%
Falling.Near or ON 200 DMA of 865.Unable to pirce the previous HIGH.
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 1554 $/US Oz ; Rs 29238 / 10 grams[MCX]
[ CME reduces margins in Gold($ 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 865 $/kg ; Rs 50722 /Kg [MCX}
Copper 3.3662 $/lb
CCI or Reuters CRB Index US $ 288.47
Brent Crude 106.34 $/bbl [43% in Indian Crude basket]
Oman Dubai Crude price $ 104.85/bbl [57% in Indian Crude basket];1/4/2013
Indian Crude Basket as per the above $105.49/bbl [1/4/2013 One day Lag possible,hence approximate.Pl see previous day's Brent price to get the exact one]
----------------------
Data from THIS link.
Crude Oil (Indian Basket 3/4/2013
- In US Dollar ($/bbl) 107.84
- In Rs (`/bbl) 5865.42
- last fortnight " " 5752.03[March 15 th to 31st,2013]
Exchange Rate (`/$) 54.39
----------------------
US Dollar Index 82.71
Rs V Dollar 54.65
http://www.indiainfoline.com/Markets/News/India-HSBC-March-services-PMI-falls-to-51.4-reports/5650900409
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] about 20 points , PREMIUM,4/4/2013
P/C NIFTY- 0.88
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