Post Market Report, February 28, 2014 | Stocks and Commodities

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February 28, 2014
Time: 6 pm

Post Market Report:

1. Markets closed as expected.
2. We said in our 'Mid Market Report' that Nifty future is likely to settle between 6280 and 6320, when it was trading below 6280.
3. FIIs continued to buy and today they have bought for Rs 591 crores.
4. Diis have bought for Rs 12 crores.
5. Today cash market volume is the highest in 2014.
6. So if global cues continue to be good, momentum may build up in our market.
7. In that case Nifty is likely to cross all time high. 
8. Today Q3 GDP data came at 4.7% against an expectation of 4.8%.
9. We have to see how markets are going to react to this news on Monday.
10. So far SGX Nifty has not reacted to this negative news.