Post Market Report, January 14, 2014 | Stocks and Commodities

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January 14, 2014
Time: 6.30 pm

Post Market Report:

1. Markets closed as expected.
2. Today's low was 6243, we said the support is at 6240.
3. Our markets have done well compared to many markets.
4. Europe opened lower but recovered.
5. In fact, some European markets have turned positive.
6. After a big fall, US futures are trading positive.
7. Next three to four days are important as Yes Bank, Axis Bank, HDFC Bank, TCS, WIPRO, HCL Tech, Reliance all set to declare their results.
8. Today FIIS have sold for 260 crores and DIIs have sold for 98 crores.
9. So FIIs are waiting for results to decide on their investments. They are not in hurry now.
10. Tomorrow also our markets are likely to trade within a range with positive bias.