Post Market Report, August 25, 2014 | Stocks and Commodities

August 25, 2014
Time: 7.30 pm

Post Market Report:

1. Nifty was nicely heading towards 8000.
2. At 2 pm, the news from Supreme Court came that dragged the markets very fast.
3. Despite such a big blow, markets did not fall much on close to close basis.
4. Nifty fell less than 10 points and Sensex has actually closed higher.
5. Both FIIs and DIIs have bought in cash market.
6. FIIs have bought for Rs 127 crores and DIIs have bought for Rs 46 crores.
7. Now US markets are trading positive.
8. S&P is likely to touch the psychological level of 2000.
9. The sentiment is likely to be positive tomorrow also.
10. Today's reaction to Supreme Court news is a knee jerk reaction.