Post Market Report, August 20, 2014 | Stocks and Commodities

August 20, 2014
Time: 7.30 pm

Post Market Report:

1. Markets consolidated as expected.
2. Nifty future respected our range given in the morning.
3. Since our markets were up for 6 consecutive sessions, some consolidation is expected.
4. Tomorrow also our markets are likely to be consolidation mode.
5. Some surprise, either positive or negative, is expected on Friday afternoon.
6. Today FIIs have bought and DIIs have sold as expected.
7. FIIs have bought for Rs 251 crores and DIIs have sold for Rs 481 crores.
8. Scam news from Dena Bank and OBC kept Banking stocks under pressure.
9. Specality chemical companies and mid cap pharma companies have shot up.
10. This kind of sectoral rotation happens in secular bull market.