Post Market Report, August 13, 2014 | Stocks and Commodities

August 13, 2014
Time: 7.30 pm

Post Market Report:

1. Markets were choppy, but closed almost flat.
2. Nifty was up by 0.16%, but Bank Nifty fell around 1% and PSU Bank index fell by more than 3%.
3. Syndicate Bank fell due to bribery issue.
4. All other PSU banks also fell as there was a rumor floating around that many other PSU Banks will also face the same fate as Syndicate Bank.
5. Broader markets fell much more than Nifty.
6. Unitech fell 17% and most other real estate stocks also fell.
7. Surprisingly FIIs have bought for Rs 718 crores.
8. DIIs also have bought for Rs 22 crores.
9. Now US markets are trading positive.
10. If US markets close positive, then Nifty future will test 7780 tomorrow.