Post Market Report, November 18, 2013 | Stocks and Commodities

P R Sundar, Aditya Trading Solutions

November 18, 2013
Time: 11.45 pm

Post Market Report:

1. Markets traded as expected.
2. Some short covering took the Nifty futures beyond 6200.
3. Today FIIs bought for Rs 1158 crores and DIIs sold for Rs 655 crores.
4. FIIs bought continuously for 30 trading sessions. This is a record. 
5. European markets were trading sideways until our markets closed, but trading firmly positive now.
6. US markets were up earlier now slipping a bit.
7. S&P 500 has hit 1800 for the first time in History.
8. Both Global cues and FII flows are good now, so the momentum on the upside will continue.
9. Next resistance for Nifty future is at 6280.
10. 10. We will see whether it breaks that resistance tomorrow.