Post Market Report, September 3, 2014 | Stocks and Commodities

September 3, 2014
Time: 6.45 pm

Post Market Report:

1. Markets continued to rise for 5th day in a row.
2. Nifty future was trading in the range that I indicated in the morning.
3. Suddenly there was a news that peace agreement was there between Ukraine and Russia.
4. All markets shot up just after this news.
5. Suddenly there was another news that stated that Russia was not a party to this agreement.
6. There was some sudden selling which was arrested later.
7. Finally markets closed where it started in the morning.
8. FIIs have bought heavily in the morning.
9. FIIs have bought for Rs 1289 crores highest in the recent months.
10. DIIs have sold for Rs 470 crores.
11. US markets are likely to be firm.
12. So the momentum is likely to continue further tomorrow.
13. Correction may come wnen Nifty futur trades in the range 8180 to 8220.