Post Market Report, May 8, 2014 | Stocks and Commodities

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May 8, 2014
Time: 6.30 pm

Post Market Report:

1. Markets closed almost flat.
2. Once again VIX has gone up.
3. Option premiums are up in Bank Nifty. (Both Put and Call options)
4. Bank Nifty did well since the begining of the trade.
5. Rupee traded below 60 influenced IT stocks negatively.
6. But IT stocks recovered later.
7. Expected short covering did not happen today.
8. FIIs have bought for Rs 363 Crores and DIIs have sold for Rs 120 Crores.
9. Europe is trading positive.
10. US futures are slightly up.
11. Markets did not make any big moves for the last 8 trading sessions.
12. That will change in the days to come.