Post Market Report, October 28, 2013 | Stocks and Commodities

P R Sundar, Aditya Trading Solutions

October 28, 2013
Time:

Post Market Report:

1. Today's market move was totally not expected.
2. After a very long time, our view has gone completely wrong.
3. Yet FIIs have bought for Rs 636 crores.
4. But DII selling was more than 900 crores.
5. Huge DII selling coupled with RBI policy uncertainty brought the markets down.
6. But US markets are not doing badly.
7. So our market will take a direction only after 11 am.
8. As we have mentioned earlier this expiry will be volatile due to RBI policy and US Fed tapering news.
9. There are no market moving results tomorrow.
10. SGX Nifty is trading positively.