NIFTY 50 future TRENDS

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sudoku1

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Baltic Dry Index 187 Away From Triple Digits 27 January 2011
The freefall in the BDIY is just ridiculous: following a steep plunge it has now gone in freefall, and is down 3.9% overnight to 1,186. And to all who are claiming that the index ismerely indicating a supply glut from the onslaught of new ship arrivals, well the entire orderbook (in progress) has been public and transparent to claim it is a surprise is about as naive as stating that 5 computers and a bunch of NYU kids control the US stock market. As for how much longer it will keep dropping? Well: he post Lehman low was 663. There is still a lot of pain. Especially if one is anon-chartered dry bulk shipper With leverage.
 

sudoku1

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Ful throtle ofloading xpected in real estate . Banks. Pharma. Fert. Psu. United brew. Jindal steel. Finance.adag
 
Thats NIfty = 0000 in 5 days, :lol:

NSE Khatam , BSE khatam, Sebi khatam ...:rofl:
To idhar pe kya hum sab log seeng chana ka dhandha karenge? :annoyed: Even seeng chana suffers from time decay, you know? :D
first go 5700 then after think for below 5500
hmmm.. 5700.. yummy.. a good thought to end the week on :D
 

sudoku1

Well-Known Member
Egypt Hermes Index Sinks 11% In A Day, Dhaka 27 January 2011
Why the world needs to take notice of the riots in Egypt Inflation is not just confined to North Africa, it is afflicting Asia as well-where most people live on less than $1 a dayin earnings. A 20 per centinflation will cause mass civil unrest leading to untold repercussion.
After Tunisias jasmine revolution where the president has just been booted out after 23 years in the job Egypt seems to be next on the North African crisis list. President Mubarak has been in power in Egypt for nearly 30 years. Without getting too involved in the countrys internal affairs, lets just say that his managementstyle has been called authoritarian. So perhaps the protests should come as no great surprise.
But this isnt just about local politics. There are other major reasons for the riots. And heres where the rest of the world really does have to take notice. One of themain grouses of the protesters in Egypt, just as it has been in Tunisia, has been the soaring price of food in the shops.A nasty mix of the weather think of the harvest-destroying floods in Australia inefficiency and commodity speculation has now managed to create global food price havoc.
The CRB/Reuters Foodstuff Index gives us a good snapshot of how fast global food prices have been climbing over recent months. Since the middle of last year, this index is up by 35% (in US dollar terms). Within the last two weeks alone it has surged 5% above theprevious high that was set in mid-2008. And it shows no sign of slowing.
Worse still, if you live in acountry whose currency is actually falling againstthe US dollar surprise, surprise, there are some,of which Egypt is one your costs will rise even more. And this is in a country where about 40% of the population lives on less than $2 a day. Clearly, it all adds up to very bad news for many Egyptians who are literally on the bread line.
 
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