Post Market Report, May 14, 2014 | Stocks and Commodities

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May 14, 2014
Time: 6.15 pm

Post Market Report:

1. Markets consolidated as expected.
2. Nifty closed absolutely flat.
3. Bank Nifty closed higher.
4. Bank of Baroda shot up by around 10%.
5. FIIs have bought for Rs 1520 Crores and DIIs have sold for Rs 410 Crores.
6. FIIs can read the markets better.
7. Continued buying by FIIs and the fact that VIX has not gone up considerably shows that NDA victory is taken for granted.
8. So if everything goes well, Nifty will reach 7500 in the coming weeks.
9. Adani group stocks will fly if NDA comes to power.
10. It will be interesting to see how much VIX will go up tomorrow.