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January 15, 2014Time: 6 pm
Post Market Report:
- Markets closed firmly above 6320.
- So if Axis Bank, TCS, HCL Tech. results are good, then Nifty future may reach 6380 and than 6420.
- On Friday, ITC, Reliance, HDFC Bank and WIPRO will announce the results.
- So by the end of this week Nifty is likely to close around 6400.
- VIX has fallen by more than 2%.
- So option premiums have come down.
- Europe is trading firm.
- US future are also trading higher.
- Yes Bank did not disappoint the markets.
- 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.
- Today FIIs have bought for 713 crores and DIIs have sold for 690 crores.
- Our call of Yes Bank has done well in today's trade.
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