7/6/2013

The Rupee is being weakened for M M Singh's Crisis Capitalism to usher in FDI,anti-India and pro-MNC policies.By this,the OMCs will wrongly claim HIGHER under-recoveries.Hence Fiscal Deficit will rise.M M Singh will call this a CRISIS,and demand FDI in Defence etc.Also anti-india and pro-MNC policies.The usual trick.....
Sensex  -48 ;  19429  
Nifty Futures [Monthly]    about 18 points  Premium,7/6/2013
P/C  1.05
vix[fear index]:-
India                          17.35                                       
Foreign    D/M/Y :-    Rs Crores -      +154    
Indian        Rs Crores :-                        +173
BDI   $           806;  -6; -0.74%;BELOW  200 DMA of 840.62.        
BDI is unable to pierce the previous top.
Shipping,GLOBAL ECONOMY and Markets in trouble.
Gold       1383 $/US Oz   Rs 27780 / 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    698  $/kg      Rs 42990 / Kg [in India PHYSICAL Silver at about 10% premium] 
Copper   3.2680 $/lb  
Reuters CRB Index US $  287.02
Brent Crude    104.56  $/bbl      [43% Indian Crude basket]
Oman Dubai Crude   [57%R Indian Crude basket]
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Crude Oil (Indian Basket) 6/6/2013
-     In US Dollar ($/bbl) 101.14
-     In Indian Rupees (`/bbl)   5751.14
-     last fortnight      "   "          5618.48  [May    16th to 31 st, ,2013]
Exchange Rate  (`/$) 56.87
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US Dollar Index  81.87
Re V Dollar          57.05
The HSBC manufacturing Purchasing Managers' Index (PMI) , compiled by Markit, 50.1 in May,2013.It was 50.7 in April.
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.