Post Market Report, March 25, 2014 | Stocks and Commodities

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March 25, 2014
Time: 9.30 pm

Post Market Report:

1. Markets closed as expected.
2. We reported that Nifty future is likely to close between 6590 and 6620.
3. If Nifty future crosses 6620, then the next target will be 6680.
4. Expiry may be around 6680.
5. Banks continue to out perform.
6. Today due to the news from election commission, Reliance and ONGC fell.
7. Otherwise, Nifty would have broken out today itself.
8. Europe opened positive and that supported our markets.
9. Now US is trading mixed as Bio Tech shares keep falling in Nasdaq.
10. SGX Nifty is trading around 6630, after hitting a high of 6645.50.
11. Today FIIs have bought for Rs 1466 crores and DIIs have sold for Rs 770 crores. 
12. So be prepared for another bull day tomorrow, if nothing bad happens between now and tomorrow morning.