Post Market Report, May 19, 2014 | Stocks and Commodities

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May 19, 2014
Time: 8.15 pm

Post Market Report:

1. Markets closed slightly lower than expected.
2. Europe was trading lower.
3. Also IT index fell nearly by 5% had some effect in Nifty.
4. But rate sensitives have done very well.
5. If this trend continues, then we are in for a secular bull market.
6. FIIs have bought for Rs 1350 crores and DIIs have sold Rs 348 crores.
7. DIIs are reportedly big sellers in IT stocks.
8. Markets are likely to consolidate until the ministers are named.
9. If Arun Jaitley becomes FM, then markets will rise further.
10. Also people are expecting some words from BJP that Raguram Rajan will not be removed.
11. BJP may pressure Raghuram to lower the rates in June policy.
12. So long term investors, buy on every decline.