Post Market Report, December 19, 2013 | Stocks and Commodities

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December 19, 2013
Time: 5.45 pm

Post Market Report:

1. Markets closed as expected.
2. We reported in the Mid Market Report that Nifty future is likely to close between 6180 and 6220.
3. In between, Nifty future shot up from the low, but faced resistance at 6220 and came down to close closer to 6180.
4. Today's market movement is a knee jerk reaction to Fed Tapering.
5. But FIIs have bought for Rs 2264 crores in cash market. There was no selling by DIIs.
6. So the sentiment should start improving from tomorrow.
7. But from here onwards, the rise or fall will be gradual as there are no events until the expiry.
8. At the end of the day, VIX has crashed by 5.4%.
9. Option premiums collapsed.
10. Except the Nifty 6200 Put option and 6150 Put option, all other option premiums have fallen.
11. Europe is trading firmly positive.
12. US futures are almost flat.