2/1/2014

1.December 2013 Factory PMI falls to 50.7
2.ONGC to re-start Oil Drilling in Bengal after 8 years.
3.Shah Commission puts Odisha's "unlawful extraction of ores" at Rs 59,203 Crores and mandates that half of this should go to the local population.
4.UPA hikes duty on imported Gold and Silver.
5.Mega Power Policy fine-tuned.

Sensex  -251 ;    20888  
VIX India       16.55; 0.97; 6.23 %  [Should be below 50]
Institutional Investors Rs Crores
FII   +674
DII  -190
Nifty Premium about 35, expiry date 30/1/2014 and about 77 for 26/2/2013 
Nifty P/C 0.83
Gold  1223/ US Oz;  MCX 28975  / 10 grams  5% premium for small lots in India
Silver $ 644 / Kg , Rs 45431 / Kg  Premium 6% in India for small lots as on 15/11/2013.
Copper $ 3.3850 /Lb
 THAT IS,PHYSICAL GOLD HAS DEMAND AND HENCE THE LOW PRICE SHOWS MANIPULATION MISUSING THE DERIVATIVES,BY THE VESTED INTERESTS.
BDI $  2113;-164;-7.20%;  ABOVE 200 DMA 1315.40
Reuters CRB Index $ 277.41  
Brent $107.82   
India's 10 Year Bond Yield  8.84%
US 10 Year Treasury Yield 3.04%;+0.00%; 
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Indian Crude Basket  1/1/2014
$/bbl 108.76
Rs/bbl 6735.51
At Rupee V Dollar 61.93
Last Fortnight December 28th2013  to 1 st january,2014; Rs 6755.80
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US Dollar Index  80.56  
Re V US Dollar 62.26
BitCoin $ 811 at  0448 Hrs IST 3/1/2014 
HSBC PMI rises from  50.7 in December  agains 51.3 in November 2013
Below 50 is bad.

Will be updated........