Wednesday, April 1, 2009

1-Apr-09 Settlement Prices

Today's Settlment Prices :: Gold 15088 :: Silver 21735 :: Copper 206.90 :: Lead 62.95 :: Nickel 512.60 :: Zinc 66.15 :: Crude Oil 2426 :: Natural Gas 189 :: CPO 318.50 :: HO 66.80 :: SO 452.90 & INR 50.57
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Breaking News

Breakingnew$-ECB completes gold sales under at 35.5 tonnes.
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Stats

ISM Manufacturing PMI : 36.3 VS 35.8

Pending Home Sales m/m : 2.1% VS -7.7%

Construction Spending m/m : -0.9% VS -3.5%

ISM Manufacturing Prices : 31.0 VS 29.0
WEAK
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Breaking News

BreakingNew$-The European Central Bank said it completed the sale of 35.5 tons of gold on Tuesday
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More blood spills -- Honda offers voluntary buyouts, cutspay and production in North America

Honda offers buyouts, slashes pay in North America

Honda offers voluntary buyouts, cuts pay and production in North America

COLUMBUS, Ohio (AP) -- Honda Motor Co. is offering voluntary buyouts, cutting workers' pay and imposing 13 non-production days at its North American plants to reduce its production this summer by 62,000 vehicles.

Honda spokesman Ron Lietzke said Tuesday that the buyouts will be offered to most of the Japanese automaker's 35,600 employees in the U.S., Canada and Mexico. Enhanced retirement packages are also being offered, he said.
Overall compensation will be reduced for its North American employees, with top executives experiencing the biggest cuts, Lietzke said. He would not say how much salaries would be reduced.
Bonuses will be greatly reduced or eliminated, but pay rates for production and hourly workers will not be affected, Lietzke said.
"There is a continuing need to reduce our inventory," Lietzke said. "Regardless of job title or level within our organization, each Honda associate will share the responsibility of doing what we must do to remain competitive."
Honda builds Accords and Acuras in Marysville, Ohio, near Columbus, and makes Civics and Elements at a factory in East Liberty, Ohio. The company also has an auto plant in Alabama and it makes parts in Georgia.
The 13 non-production days will fall from May through July, and employees will have the option of using vacation days or taking no pay on most of those days, Lietzke said. The company is limiting non-work days to two a month to limit the effect on employees, he said.
The company said in December it would cut vehicle production at its Ohio plants by 58,000.
Honda followed that with an announcement in January that it would reduce production in North America by 29,000 vehicles, a move that would affect plants in Ohio, as well as Ontario, Canada, and Lincoln, Ala.

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31-Mar-09 settlement prices

Today's Settlement Prices :: Gold 15064 :: Silver 21855 :: Copper 207.10 :: Lead 64.50 :: Nickel 501.10 :: Zinc 66.70 :: Crude Oil 2481 :: Natural Gas 190.90 :: CPO 311.20 :: HO 68.15 :: SO 447.20 & INR 50.72
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BSE - Index based market wide circuit breaker for theQuarter 1st April 2009 to 30th June 2009.

Dear All,
 
Trading Members of the Exchange are hereby informed that the Exchange implements on a quarterly basis (SEBI circular SMDRPD/Policy/Cir-37/2001 dated June 28, 2001) the index based market wide circuit breaker system.  The system is applicable at three stages of the index movement either way at 10%, 15% and 20%. This circuit breaker brings about a coordinated trading halt in all equity and equity derivative markets nationwide.
 
The market wide circuit breakers would be triggered by movement of either SENSEX or the NSE S&P CNX Nifty whichever is breached earlier.
 
· In case of a 10% movement of either of these indices, there would be a 1-hour market halt if the movement takes place before 1 p.m. In case the
  movement takes place at or after 1 p.m. but before 2.30 p.m. there will be a trading halt for ½ hour. In case the movement takes place at or after
  2.30 p.m. there will be no trading halt at the 10% level and the market will continue trading.
 
· In case of a 15% movement of either index, there will be a 2-hour market halt if the movement takes place before 1 p.m. If the 15% trigger is
  reached on or after 1 p.m. but before 2 p.m., there will be a 1 hour halt. If the 15% trigger is reached on or after 2 p.m. the trading will halt for
  the remainder of the day.
· In case of a 20% movement of the index, the trading will be halted for the remainder of the day.
The percentages are calculated on the closing index value of the quarter. These percentages are translated into absolute points of index variations (rounded off to the nearest 25 points in case of SENSEX). At the end of each quarter, these absolute points of index variations are revised and made applicable for the next quarter.
 
On March 31, 2009, the last trading day of the quarter, SENSEX closed at 9708.50 points. The absolute points of SENSEX variation (over the previous day's closing SENSEX) which would trigger market wide circuit breaker for any day in the quarter between 1st April 2009 and 30th June 2009 would be as under:
 

Percentage (+/-)
Equivalent Points (+/-)

10%
975

15%
1450

20%
1950

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FII trading activity on NSE and BSE on Capital Market Segment

FII trading activity on NSE and BSE on Capital Market Segment

The following is combined FII trading data across NSE and BSE collated on the basis of trades executed by FIIs on 31-Mar-2009.




FII trading activity on NSE and BSE in Capital Market Segment(In Rs. Crores)
Category Date Buy Value Sell Value Net Value
FII 31-Mar-2009 1674.34 2257.99 -583.65
 
 
Domestic Institutional Investors trading activity on NSE and BSE on Capital Market Segment


The following is combined Domestic Institutional Investors trading data across NSE and BSE collated on the basis of trades executed by Banks, DFIs, Insurance and MFs on 31-Mar-2009.


DII trading activity on NSE and BSE in Capital Market Segment(In Rs. Crores)
Category Date Buy Value Sell Value Net Value
DII 31-Mar-2009 2120.72 1081.65 1039.07

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