1.Import tariff of Gold and Silver reduced.That is,DUTY RAISED.
An excerpt from the link above:-
"The tariff value, the base price at which the Customs duty is determined to prevent under-invoicing, stood at $436 per 10 grams for gold and $702 per kg for silver during the last fortnight."
2.Petrol price not reduced this fortnight,despite having about Rupee 1 Cushion,for the same,citing Elections,by the OMCs.
Sensex -132 ; 20416
VIX India 21.06; -2.18; -9.38 %
Institutional Investors Rs Crores
FII +1110
DII -1149
Nifty Premium 20.25 points[ on 17/10/2013]
Nifty P/C 1.40
Gold 1320;MCX 29498 / 10 grams 5% premium for small lots in India
Silver $ 708 MCX Rs 48067/Kg Premium 20% in India for small lotsas on 11/10/2013.
Copper $ 3.2651 / Lb
THAT IS,PHYSICAL GOLD HAS DEMAND AND HENCE THE LOW PRICE SHOWS MANIPULATION MISUSING THE DERIVATIVES,BY THE VESTED INTERESTS.
BDI $ 1960;-5;;-0.25% ABOVE 200 DMA 1067.81
Reuters CRB Index $ 286.42
Brent $108.88/bbl
l
US 10 Year Treasury Yield 2.61%;-0.70%
----------------------
Indian Crude Basket 16/10/2013
$/bbl 108.14
Rs/bbl 6671.16
At Rupee V Dollar 61.69
Last Fortnight October 1 st to 16th Rs 6629.64
--------------------------
US Dollar Index 79.71
Re V US Dollar 61.07
HSBC PMI rises from 48.5 in August to 49.6 in September 2013.
Below 50 is bad.
HSBC Service Sector PMI,44.6 in September against 47.6 in August 2013.
An excerpt from the link above:-
"The tariff value, the base price at which the Customs duty is determined to prevent under-invoicing, stood at $436 per 10 grams for gold and $702 per kg for silver during the last fortnight."
2.Petrol price not reduced this fortnight,despite having about Rupee 1 Cushion,for the same,citing Elections,by the OMCs.
Sensex -132 ; 20416
VIX India 21.06; -2.18; -9.38 %
Institutional Investors Rs Crores
FII +1110
DII -1149
Nifty Premium 20.25 points[ on 17/10/2013]
Nifty P/C 1.40
Gold 1320;MCX 29498 / 10 grams 5% premium for small lots in India
Silver $ 708 MCX Rs 48067/Kg Premium 20% in India for small lotsas on 11/10/2013.
Copper $ 3.2651 / Lb
THAT IS,PHYSICAL GOLD HAS DEMAND AND HENCE THE LOW PRICE SHOWS MANIPULATION MISUSING THE DERIVATIVES,BY THE VESTED INTERESTS.
BDI $ 1960;-5;;-0.25% ABOVE 200 DMA 1067.81
Reuters CRB Index $ 286.42
Brent $108.88/bbl
l
US 10 Year Treasury Yield 2.61%;-0.70%
----------------------
Indian Crude Basket 16/10/2013
$/bbl 108.14
Rs/bbl 6671.16
At Rupee V Dollar 61.69
Last Fortnight October 1 st to 16th Rs 6629.64
--------------------------
US Dollar Index 79.71
Re V US Dollar 61.07
HSBC PMI rises from 48.5 in August to 49.6 in September 2013.
Below 50 is bad.
HSBC Service Sector PMI,44.6 in September against 47.6 in August 2013.
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