Post Market Report, August 18, 2014 | Stocks and Commodities

August 18, 2014
Time: 10.10 pm

Post Market Report:

1. Modi's independent day speech effect.
2. Global cues also supported.
3. Markets closed at all time high once again.
4. Ukraine-Russia tension is also easing.
5. Crude oil continued to fall.
6. So everything worked in favor of India.
7. Surprisingly both FIIs and DIIs have bought for more than 400 crores after a very long time.
8. FIIs have bought for Rs 473 crores and DIIs have bought for Rs 490 crores.
9. Tata Motors DVR shot up as there was a news that DVR shres will be included in Nifty and Sensex.
10. The news that Gas price will be hiked before October 1 helped Energy stocks to do better.
11. Now US markets are doing well.
12. SGX Nifty is trading above 7900.
13. Momentum is likely to continue tomorrow.
14. Markets are likely to consolidate between 7880 and 7920, before attempting to reach 8000.