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April 30, 2014Time: 6.15 pm
Post Market Report:
- Markets were highly volatile.
- Bank Nifty swung by more than 1000 points.
- Nifty fell nearly 140 points from the intraday high to intraday day low.
- If this is the volatility, imagine the trade on May 16.
- Though trading was highly volatile, Nifty future just closed 20 points lower.
- Despite such a big swing on both sides, VIX has come down slightly.
- Option prices of all Put and Call options of December expiry have come down.
- Surprisingly both FIIs and DIIs have bought in cash market.
- FIIs have bought for Rs 454 crores and DIIs have bought for Rs 6 crores.
- US Q1 GDP came at 0.1% against the expectation of 1.2%.
- But ADP Non farm report came at220K against the expectation of 210K.
- Fed news tonight will be an important news that will affect our markets on Friday.
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