Post market Report, March 27, 2014 | Stocks and Commodities

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March 27, 2014
Time: 9.15 pm

Post market Report:

1. Markets closed as expected.
2. But huge volatility witnessed in the second half between 2 pm and 3.30 pm.
3. FII buying is so huge. Today they have bought Rs 2191 crores.
4. DIIs have sold for Rs 592 crores.
5. Usually on the day of expiry FII will be on the sell side due to reversal trade by arbitragers.
6. There was a huge selling in Banking stcoks, Bank Nifty fell almost 200 points in the last hour.
7. The rally is very fast, in the last 15 trading sessions Bank Nifty rose by 20%.
8. So if there is any correction, that will also be severe.
9. In few minutes time, Axis Bank fell more than 25 rupees today.
10. So it is time to be cautious.