Post Market Report, November 14, 2014 | Stocks and Commodities

November 14, 2014
Time: 6.15 pm

Post Market Report:

1. Markets were highly volatile as expected.
2. As expected markets made big moves after 2 pm.
3. Nifty future shot up by more than 40 points in the last one hour.
4. Bank Nifty also shot up by more than 100 points in the last one hour.
5. Europe opened slightly higher and that supported our markets.
6. At the end, markets closed at all time high.
7. But still, it closed below 8420.
8. Nifty future has to trade above 8420 decisively in order for it to travel towards 8500.
9. So still markets are consolidating and short strange strategy in the last one week would have give a huge profit.
10. As in the last many sessions, FIIs have bought and DIIs have sold.
11. FIIs have bought for Rs 645.90 crores and DIIs have sold for Rs 517.51 crores.