Thursday, September 10, 2009

10-Sept-09 Settlement Prices

Gold 15703 :: Silver 26733 :: Copper 308.55 :: Lead 102 :: Nickel 843.90 :: Zinc 91.65 :: Alumnium 89 :: Crude Oil 3486 :: Natural Gas 149.30 :: CPO 333.40 :: SO 432.55 :: INR 48.63 :: Steel 23680
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CrudeOil Inventories

Crude Oil Inventories -
5.9M V/S -0.4M
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Lead Prices - China

Lead prices are slumping as the speculative community makes a swift exit from the market, but brokers say the sell-off was long overdue because the recent strength, based on Chinese supply concerns, was creating a bubble.

China is well supplied with the metal, meaning the impact of the closures is more or less contained. According to recent customs data, China imported six times more unwrought lead in the first seven months of 2009, compared with the same period of 2008. In the same period, its lead production rose 19.4% to more than 2 million tons
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Cabinet on psu banks

Cabinet okays to release of interest subvention to PSU banks on farm loans - Reported
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News wrap up

1. GMR to split ops among four holding cos, raise Rs 7.5k cr
2. Jet shares crash land as pilot stir continues
3. Rel Cap to dole out Esops worth Rs 100 crore
4. Jaybharat Textiles to raise Rs 5000 cr via QIP
5. Bharti Airtel denies reaching a preliminary agreement with MTN Group
6. Ashok Leyland signs MoU with Magma Fincorp
7. IFCI spurts to 52-week high on revival plan
8. Strong growth prospects generate interest in Bank of Baroda
9. BPCL up 2% on Rs 2,500cr likely relief
10. Jaypee Hydros Rs 6000 cr project to be commissioned in H2
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Sebi Committee Meeting

Sebi Committee to meet today for next round of primary market reforms. Likely to cut the listing period & full payment from institutional investors are on agenda
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Wpi Inflation

WPI inflation for the week ended Aug 29 is at -0.12 % against the bloomberg expectation of -0.09% versus -0.21% last week
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IT raid

Some IT raid on Realty companies reported - Pls confirm it from ur end
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9-Sept-09 Settlement Prices

Gold 15649 :: Silver 26394 :: Copper 312.50 :: Lead 115.70 :: Nickel 873 :: Zinc 95.05 :: Alumnium 90.40 :: Crude Oil 3485 :: Gas 140.40 :: CPO 333 :: SO 434.65 :: INR 48.50 :: Steel 23700
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