Finance Ministry, partially, admits mistake regarding the unethical pricing of petroleum feuls,but does not mention about cuts in the same.It seems to be interested in ONLY cutting the IMAGINARY,”under-recoveries”.Sensex ; -103; 19924

vix[fear index]:-
India – 14.46 ;+0.79;+ 5.78 %
Institutional Buying:-
i)Foreign ₹ Crores – +1026
ii)Indian ” ” – -752 [The index seems manplated as the FIIs have bought more]
BDI $ 808;-9;-1.10%
Sharp fall below 200 DMA of 919,.It is worth noting that Coal Stocks are piling up in China as some Steel Mills have been closed..
BDI unable to breach the PREVIOUS TOP………..Very near the all-time low, reached not long ago.
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 1669 $/US Oz ; Rs 30437 / 10grams[MCX]
[ CME reduces margins in Gold($ 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 1019 $/kg ; Rs 58950 /Kg [MCX}

Copper 3.6467 $/lb

CCI or Reuters CRB Index US $ 300.60
Brent Crude 113.28 $/bbl [Manipulation.Only Crude rises.Gold and Silver fall for almost no change in the U S Dollar Index]
———————-
Crude Oil (Indian Basket 23/1/2013
– In US Dollar ($/bbl) 109.96
– In Rs (`/bbl) 5912.55
– last fortnight ” ” 5969.95[January 1 st to 15 th,2013]
Exchange Rate (`/$) 53.77
———————-
US Dollar Index 79.96
Rs V Dollar 53.70
HSBC Markit Purchasing Manger’s Index,rose, to 54.7 in December,last year,against 53.7 in November.

Above 50 indicates growth.Applies only for production,but NOT Utilities.
Nifty Futures [Monthly] 5.55 points , PREMIUM,24/1/2013
P/C NIFTY- 1.25

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