PMI low for March 51.4

Sensex ; +177 ; 19041 {PMI low for march,Mid-term polls scare]
vix[Volatility index]:-
India –
Institutional Buying:-
i)Foreign Rs Crores – NA
ii)Indian ” ” – ”
BDI $ 910
Crossed and Above 200 DMA of 866,but still low..
GLOBAL ECONOMY in trouble,
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 1598 $/US Oz ; Rs 29402 / 10 grams[MCX]
[ CME reduces margins in Gold($ 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 901 $/kg ; Rs 53072 /Kg [MCX}
Copper 3.3959 $/lb
CCI or Reuters CRB Index US $ 294.59
Brent Crude 111.08 $/bbl [43% in Indian Crude basket]
Oman Dubai Crude price $ 107.11/bbl [57% in Indian Crude basket];1/4/2013
Indian Crude Basket as per the above $108.82/bbl [1/4/2013 One day Lag possible,hence approximate.Pl see previous day’s Brent price to get the exact one]
———————-

Crude Oil (Indian Basket 28/3/2013

– In US Dollar ($/bbl) 107.18
– In Rs (`/bbl) 5829.52
– last fortnight ” ” 5752.03[March 15 th to 31st,2013]
Exchange Rate (`/$) 54.39
———————-
US Dollar Index 82.83
Rs V Dollar 54.16The HSBC India Manufacturing Purchasing Managers’ Index (PMI) – a measure of factory production -stood at 51.4 for March[Power Shortage] against 54.2 in February, 2013. It stood at 53.7 in November.

Above 50 indicates growth.Applies only for production,but NOT Utilities.
The HSBC services Purchasing Managers’ Index, based on a survey of around 400 companies, fell to 54.2 in February from a one-year high of 57.5 in January. It was the biggest one-month fall in nearly a year.
Nifty Futures [Monthly] about 42 points , PREMIUM,28/3/2013
P/C NIFTY- 1.18

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