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March 3, 2014Time: 7 pm
Post Market Report:
- As we have reported in the morning, Ukraine problem brought down our markets.
- We said Nifty future should take support at 5240, but it fell more than that.
- That is because Europe fell much more than expected.
- German DAX fell almost 300 points which is more than 3%.
- All sectoral indices fell except energy index.
- VIX has shot up by around 8%.
- Only good news is that there was no panic selling.
- Markets fell without huge volumes. This is also a good news.
- FII buy/sell data has not come until now. Surely it is going to be a bad one.
- US markets behavior will decide the fate in Asia tomorrow.
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