Post Market Report, January 31, 2014 | Stocks and Commodities

Sponsored by

January 31, 2014
Time: 6.15 pm

Post Market Report:

1. Markets closed as expected.
2. We reported in the afternoon that Nifty future will close between 6100 and 6120 and it closed at 6107.
3. The market was supported by PNB results and Bank Nifty future out performed Nifty future.
4. Today FIIs have sold for 653 crores.
5. Today is the end of January and in the whole month FIIs have invested only about 100 crores which is far below the average investment of about 10,000 crores every month last year.
6. Europe markets were very volatile, started with slight positive, then started falling drastically.
7. That has affected the sentiment here towards the end.
8. US futures also turned negative from positive.
9. Our markets will out perform other emerging markets as we are in a better position than other emerging markets.
10. As we have reported earlier the whole of February the Nifty will move about 200 to 250 points either way.