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

September 18, 2014
Time: 6.45 pm

Post Market Report:

1. Fantastic short covering rally.
2. Option seller always believe that market will give opportunity to exit.
3. Yesterday Fed event was a big event, still today market gave an opportunity for the short sellers to exit.
4. VIX has crashed by about 5%.
5. All sectoral indices were up, realty was up by about 5%.
6. All these happened without any cash market by institutions.
7. FIIs have sold for about Rs 10 crores.
8. DIIs have bought for Rs 84 crores.
9. Due to the absence of institutional buying, markets may consolidate in this range of 8100-8200.
10. The medium term positive momentum will continue.