Post Market Report, June 12, 2014 | Stocks and Commodities

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June 12, 2014
Time: 8.15 pm

Post Market Report:

1. Markets closed as expected.
2. After the market hours, IIP data and Inflation data came much better than expected.
3. Also FIIs have bought for Rs 652 crores.
4. Due to these two factors, SGX Nifty is trading higher.
5. SGX Nifty is trading higher despite US markets falling.
6. But DIIs have sold more than what FIIs have bought today.
7. They have sold for Rs 712 crores.
8. Private sector banks out performed PSU Banks.
9. Tomorrow Bank Nifty is likely to do well due to better Inflation data.
10. We have to see how global cues play tomorrow.