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Post Market Report, January 15, 2014

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January 15, 2014
Time: 6 pm

Post Market Report:

  1. Markets closed firmly above 6320.
  2. So if Axis Bank, TCS, HCL Tech. results are good, then Nifty future may reach 6380 and than 6420.
  3. On Friday, ITC, Reliance, HDFC Bank and WIPRO will announce the results.
  4. So by the end of this week Nifty is likely to close around 6400.
  5. VIX has fallen by more than 2%.
  6. So option premiums have come down.
  7. Europe is trading firm.
  8. US future are also trading higher.
  9. Yes Bank did not disappoint the markets.
  10. Tomorrow HCL tech will announce the results before the markets open and TCS will announce after the markets close. Axis Bank will declare during the market hours.
  11. Today FIIs have bought for 713 crores and DIIs have sold for 690 crores.
  12. Our call of Yes Bank has done well in today's trade.


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