Post-Market Report, January 16, 2014 | Stocks and Commodities

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January 16, 2014
Time: 6.30 pm

Post-Market Report:

1. Markets closed as expected.
2. It was a day of consolidation.
3. HCL Tech. and Bajaj Auto results failed to move the markets.
4. After the market hours, TCS has declared good results.
5. FIIs have bought for Rs 479 crores.
6. This is the first two consecutive days of FII buying in 2014 in good quantity.
7. FIIs have bought for more than 1000 crores in the last two trading sessions.
8. If tomorrow also they buy, then our markets will cross all time high again next week.
9. But DIIS have sold heavily today, Rs 791 crores.
10. Tomorrow afternoon trade will an important event to watch.
11. Markets may breakout tomorrow afternoon and Nifty future may touch 6380 OR profit booking may come and Nifty future can fall towards 6280.