Post Market Report, April 7, 2014 | Stocks and Commodities

Sponsored by

April 7, 2014
Time: 6.15 pm

Post Market Report:

1. For the last 6 trading sessions, except Friday, markets behaved in a same way.
2. Opened gap up, then intraday selling came and then towards the end FII buying came and markets closed positive.
3. Today also the same thing happened.
4. Also in the last 6 trading sessions markets went up and down but on closing basis they are at the same place.
5. So only option sellers made money by time value and intraday traders made 9or lost) money by huge intraday swing everyday.
6. Some sectors up and some sectors down but only VIX is up by 10%.
7. Surprisingly, option premiums fell despite huge rise in VIX.
8. Normally when premiums come down, VIX should come down.
9. Europe opened lower and still our markets rose in the afternoon.
10. No FII and DII buy/sell figure is available as of now, but FIIs should be on the buy side.
11. Option sellers are happy as there may be one more holiday due to elections in addition to 3 public holidays this month.
12. US markets are likely to open lower. 

Quiz:

1. We received some responses but all are wrong except one.
2. The right answer is IndiaVIX contract expiring on 22 April 2014.
3. The correct answer is given by Mr Prabhu Veeraraghavan.
4. Congrats! Mr Prabhu.
5. We will contact you soon regarding your reward.
6. Thanks for all those who participated.
7. Some said "No contract", some said Nifty which is 40 point premium, but we said 40% not 40 points, some said "Auro Pharma", Auro Pharma has become so famous, people close their eyes and say 'Auro Pharma'.
8. So for others, better luck next time.