Post Market Report, June 3, 2014 | Stocks and Commodities

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June 3, 2014
Time: 9.15 pm

Post Market Report:

1. Markets closed slightly better than expected.
2. But Bank Nifty is a disappointment.
3. Though Nifty closed at all time high, Bank Nifty was down.
4. FIIs have bought for Rs 575 crores.
5. DIIs also have bought for about 110 crores.
6. Europe and US are trading negative.
7. Asian markets are likely to open negative tomorrow morning.
8. Our markets are likely to consolidate after two days of rally.
9. Metal stocks did well due to positive data from China.
10. Next resistance for Nifty will be at 7480.