Post Market Report, March 10, 2014 | Stocks and Commodities

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March 10, 2014
Time: 8.45 pm

Post Market Report:

1. Markets closed as expected.
2. Nifty future broke the resistance of 6580 briefly, but settled below 6580.
3. Once again FIIs have bought for more than Rs 1000 crores, they have bought for Rs 1254 crores.
4. DIIs have sold for Rs 1045 crores.
5. Bank Nifty is up nearly 2% despite high volatility.
6. All defensive sectors like FMCG, IT and Pharma are down significantly.
7. Real estate and Banking are up significantly.
8. Metal index is also down due to China factor.
9. Now US is trading lower.
10. SGX Nifty is down by about 30 points now.
11. As we have said in the weekend, Nifty is likey to consolidate with positive bias.
12. Tomorrow export import data will be due, markets will react to that news.