Post Market Report, August 11, 2014 | Stocks and Commodities

August 11, 2014
Time: 7 pm

Post Market Report:

1. Markets closed as expected.
2. But broader markets did not perform well.
3. Only stock specific movements were there.
4. So there was no surprise that FIIs have sold today also.
5. FIIs have sold for Rs 163 crores.
6. DIIs have bought for Rs 234 crores.
7. Though markets were up, call option premiums did not react much.
8. So the market feel is that going forward, Nifty will face stiff resistance at 7700-7800 range.
9. Nifty was up by 57 points, yet Nifty 7800 Call was up just by Rs 1.55.
10. Also Bank Nifty under performed Nifty.
11. Auto sector was the star performer today, up by 2.5%.
12. After the markets closed, Tata Motors declared very good results.
13. Tata Motors is likely to open gap up tomorrow by 3 to 4%.
14. Now the US markets are moderately up.