Friday, August 30, 2013

30/8/2013

1.Gold target for this year a modest 3% up at about $1500/US Oz,as per THIS link,but may shoot up.Silver may outshine Gold.
2.Short-covering helps Sensex to rise by 219 points. 
3.Vizag HPCL accident.Toll 18.
4.Import tariff value of Gold and Silver raised.
5.TUFS for Textile sector,to continue in the 12th Five Year plan[2012 to 2017]
Sensex        +219;                 18620 [short covering]
VIX India                                     27.81; -1.60; -5.44 %
Institutional Investors Crores FII  -79
                                              DII    +731 
BDI      $                1132;-4;-0.36%         ABOVE 200 DMA 911.89
Gold     $/US Oz    1397         MCX Rs 33010 /10 grams
Silver   $/Kg      757          MCX  Rs 53900 /Kg
Copper $/Lb 3.2390
CRB Index Reuters     $ 291.16
Brent Crude $/bbl 114.04
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Indian Crude Basket $/bbl 29/8/2013
In US Dollars/bbl 114.07
In Indian Rupees /bbl 7723.68
Last Fortnight August  1 st to 15th; 6518.90
Exchange Rate Rupees/$ 67.71
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Rupee V US Dollar 65.70
US Dollar Index   82.03
Nifty Futures Monthly about 10 points,Discount on 30/8/2013
P/C  1.47   Market bearish.
HSBC PMI 50.1 for July 2013

Yield on TEN YEAR US Treasuries 2.78%;+0.03%

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