Coal supply and other problems cause 11% Power generation Loss,inn India.

China’s major steel mills reporting losses US $ 4.24 Billion,in the 3Qs, this Fiscal

Japanese Banks lose $ 6.7 Billion.


Indian Economy in a bad shape

2 G spectrum auction a flop.Revenue a merer Rs 9407 crores

Sensex Holiday BHAIBEEJ  ;          18671

vix[fear index]:-

-India  –       14.37;

Institutional Buying:-      

i)Foreign Rs Crores      –        

ii)Indian    ” ”                  –        

BDI   $  1011;-+25;2.66%;    ABOVE 200 DMA of 901,but too low.It is worth noting that Coal Stocks are piling up in China as some Steel Mills have been closed..

GLOBAL ECONOMY  in trouble.Fiscal Deficits and Debts  of many nations,ARE VERY HIGH.

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       1726  $/US Oz  [Higher margin requirements for gold trades, were announced Friday (4/5/2012)by the CME Group.Bankers who short Gold and Silver are,reportedly,aided by the various Agencies,and turn a blind eye or look the other way. ]

Silver     1052 $/kg

Copper   3.4533 $/lb  

Reuters CRB Index US $ 293.92  

Brent Crude    109.85  $/bbl


Crude Oil (Indian Basket  12/11/2012

–     In US Dollar ($/bbl) 107.63

–    In Indian Rupees (`/bbl) 5912.12  [ABOUT Rs 200 increase,Manipulation]

–     last fortnight      ”   ”         5834.22[October 16 th to 31st,2012]

Exchange Rate  (`/$) 54.93


US Dollar Index 81.07

Re V Dollar          54.72

HSBC Markit Purchasing Manger’s Index,was 52.9,in October,compared to 52.8, in September,2012

Above 50 indicates growth.Applies only for production,but NOT Utilities.

Nifty Futures [Monthly]  31.20 points , PREMIUM,12/11/2012

P/C  NIFTY 1.09