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February 12, 2014Time: 6.15 pm
Post Market Report:
- Markets closed as expected between 6080 and 6120.
- After a long time, Bank Nifty has out performed Nifty.
- Also there was no basket selling today.
- So there is no surprise that FIIs have bought today for 212 crores.
- DIIs have sold for 261 crores.
- Volatility index fell by more than 6%.
- Put option premiums have collapsed. Call option premiums also came down.
- CPI data came at 8.8%, lower than the expected figure of 9.4%.
- IIP data also came at -0.6%, better than the estimate of -1%.
- So if there are no negative global cues, then Nifty future is likely to trade firmly above 6120.
- By Friday, Nifty future is likely to touch 6180.
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