Sensex    +131  ;          18461[Shorting and LIC being ‘asked’ to buy 30% PSU shares violating IRDA guidelines]  

vix[fear index]:-

-India  –       15.45;-0.35;-0.2.21%

Institutional Buying:-      

i)Foreign Rs Crores      –       +183  

ii)Indian    ” ”                  –         -133

BDI   $  1073;    ABOVE 200 DMA of 911,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       1730  $/US Oz  [ CME reduces margins in Gold($ 1700 per contract),Silver about $4300 per contract,Silver and  Copper($500),on 16/11/2012.

 

Shorting Gold and Silver are,reportedly,aided by the various Agencies,and turn a blind eye or look the other way. ]

 

Silver     1068 $/kg

Copper   3.4809 $/lb  

Reuters CRB Index US $ 297.59    

Brent Crude    110.75  $/bbl  

———————-

Crude Oil (Indian Basket  20/11/2012

–     In US Dollar ($/bbl) 109.64

–    In Indian Rupees (`/bbl)    6020.332

–     last fortnight      ”   ”         5797.53[November 1 st to 15th,2012]

Exchange Rate  (`/$) 54.91

———————-

US Dollar Index 80.90

Re V Dollar          55.11

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]  5.15 points , DISCOUNT,21/11/2012

P/C  NIFTY 1.03

 

To be continued…….

 

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