Post Market Report, October 29, 2014 | Stocks and Commodities

October 29, 2014
Time: 8.45 pm

Post Market Report:

1. Markets traded as expected.
2. Bank Nifty was volatile, though Nifty was firm.
3. PSU banks fell.
4. All sectors rose more than 1% except Banking.
5. FIIs have bought for Rs 785.61 crores.
6. DIIs have sold for Rs 507.29 crores.
7. Nifty future closed above 8080.
8. So Nifty may expire above 8100 if there no negative global cues.
9. FOMC announcement is expected to be a non event.
10. Even globally markets are not volatile ahead of FOMC announcement.
11. Also after the FOMC meeting, there is no media briefing.
12. This is taken as a clue for no major announcement.
13. Tomorrow Bank Nifty is likely to do better as ICICI Bank and Yes Bank will declare results.