Post Market Report, January 17, 2014 | Stocks and Commodities

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January 17, 2014
Time: 6.30 pm

Post Market Report:

1. Markets closed weak, which we did not expect.
2. Suddenly Reliance fell with huge volume and that dragged the entire market.
3. Also FII buying is not consistant.
4. Today they bought only for 75 crores.
5. Shares of the companies that declared the results either fell or closed flat. Infosys was the only exception.
6. Reliance and Wipro declared the results after the market hours which are in line with market expectation.
7. We have to see how these stocks move on Monday.
8. Next week there are not many big companies declare results.
9. Larsen will declare the results next Wednesday.
10. So the market trend will be decided by FII flows and global cues.