Post Market Report, August 27, 2014 | Stocks and Commodities

August 27, 2014
Time: 8 pm

Post Market Report:

1. Once again markets consolidated within a range.
2. Nifty is likely to expire between 7900 and 7980.
3. On Friday, GDP data is due.
4. On Monday, Supreme court decision regarding coal block will be a key issue.
5. So ahead of key issues, markets are not likely make big moves.
6. Today both FIIs and DIIs have bought in cash market.
7. FIIs have bought for Rs 290 crores and DIIs have bought for Rs 237 crores.
8. Since both FIIs and DIIs have bought in cash market, Nifty is not likely to fall below 7900.
9. Now US markets are trading almost flat.
10. So tomorrow, once again, choppy and range bound trade is expected.