Post Market Report, November 20, 2014 | Stocks and Commodities

November 20, 2014
Time: 9 pm

Post Market Report:

1. Markets traded within the range we expected.
2. Markets were trading weak and short covering helped to wipe out all the losses in the last one hour of trade.
3. Surprisingly FIIs have sold for Rs 477.15 crores and DIIs have bought for Rs 101.62 crores.
4. Kotak Bank shot up due to merger issue.
5. Bank Nifty has out performed Nifty.
6. SBI stock was split and that helped SBI to close positive as there will be more liquidity.
7. Auro Pharma stabilised after yesterday's fall due to kidnapping attempt of its VP. (I have huge positions in Auro Pharma, for more than Rs 1 crore)
8. At the time of our markets close, US futures were trading negative.
9. After some positive economic data, now US markets are trading in Green.
10. So once again, positive global cues on one side and FII selling on the other side, our markets are likely to consolidate.