Post Market Report, May 26, 2014 | Stocks and Commodities

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May 26, 2014
Time: 7.15 pm

Post Market Report:

1. Nobody expected this kind of volatility today.
2. Nifty fell more than 250 points intraday and Bank Nifty fell more than 600 points.
3. Adani Ent. share, there were no buyers at 10% lower than yesterday's closing for some time.
4. Finally markets ened almost flat.
5. This is despite positive global cues.
6. Actually making money in bull market is more difficult than making money in bear market.
7. But nothing to worry.
8. This is only a correction. After market hours, CAD data came which was very good.
9. US markets closed and there will be no negative cue from there.
10. Europe is trading firmly in positive.
11. FIIs have sold Rs 84 crores and DIIs have sold for Rs 208 crores.
12. Markets should recover and Nifty should expire between 7400 and 7500.