Post Market Report, March 3, 2014 | Stocks and Commodities

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March 3, 2014
Time: 7 pm

Post Market Report:

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