Budget presentation on the 16th instant.Markets WILL BE VOLATILE.

Railway minister sacked by Mamata,for hiking rates.UPA facingbproblems in the Budget Session. Volatility expected due to weakness of the UPA.

Sensex  +105;17919

vix[fear index]:-
India  –      24.72
USA            15.31;200 DMA 26.13
Institutional Purchases:-
Foreign    D/M/Y :-    Rs Crores –  `+1659
Indian        Rs Crores :-       -857
BDI              855;Below 200 DMA of 1471;Shipping,GLOBAL ECONOMY and Markets in trouble.
Gold       1644 $/US Oz
Silver     1034 $/kg
Copper   3.8186 $/lb
Reuters CRB Index US $  315.17
Crude     105.65  $/bbl
US Dollar Index  80.53
Re V Dollar          49.91
The Indian  Markit/HSBC purchasing managers’ index, based on a survey of around 500 companies, eased to 56.6 in February from 57.5 in January, 2012.
Above 50 indicates growth.
Nifty Futures [Monthly] 46.60 Premium,14/3/2012
P/C  0.53 ;13/3/2012

Advertisements