Post Market Report, March 24, 2014 | Stocks and Commodities

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March 24, 2014
Time: 6.30 pm

Post Market Report:

1. Nobody expected that markets will shoot up like this.
2. China Manufacturing index was bad.
3. Russia Ukraine tension escalated over the weekend.
4. Our markets performance was lackluster throughout last week.
5. Today suddenly shot up within 15 minutes of the start of the trade.
6. After that, markets just consolidated the gains.
7. There was not even a minor selling pressure.
8. This is despite Europe opening lower.
9. Bank Nifty is up by more than 300 points.
10. FII buying is huge to day also, they have bought for Rs 1466 crores.
11. DIIs have sold for Rs 770 crores.
12. US is likely to open positive.
13. The the momentum is likely to continue.