As per reports,Obama is reducing prices of Commodities to win the Elections.After the Elections Commodities may rise…..

Sensex +111 ; 18793
Nifty Futures [Monthly] , 40 points Premium,22/10/2012
P/C 0.98
vix[fear index]:-
India – 13.04;-1.50;-10.32%
Institutional Purchases:-
Foreign D/M/Y :- Rs Crores – + 242
Indian Rs Crores :- -138
BDI $ 1037;+27;+2.67%;[US Dollar weakening];;Above 200 DMA of 897;QE announced by both the US Fedral Reserve and ECB.
Shipping,GLOBAL ECONOMY and Markets in trouble.
Gold 1729 $/US Oz
Silver 1043 $/kg
Copper 3.6235 $/lb
Reuters CRB Index US $ 303.51
Brent Crude 109.72 $/bbl
———————-
Crude Oil (Indian Basket) 18/10/2012
– In US Dollar ($/bbl) 111.25
– In Indian Rupees (`/bbl) 5892.91
– last fortnight ” ” 5806.61 [october 1st to 15 th,2012]
Exchange Rate (`/$) 52.97
———————-

US Dollar Index 79.55
Re V Dollar 53.47
The HSBC manufacturing Purchasing Managers’ Index (PMI) , compiled by Markit, 52.8 in September, 2012,the same as in August.this year In January, the PMI reading was 57.5.
Above 50 indicates growth.

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