Post Market Report, December 10, 2014 | Stocks and Commodities

December 10, 2014
Time: 8.45 pm

Post Market Report:

1. Today markets recovered a bit which was unexpected.
2. Bank Nifty has out performed Nifty today.
3. Particularly PSU Banks did very well.
4. SBI shot up by more than 3%.
5. But the rise was mainly by short covering.
6. At the end of the day, DIIs have sold heavily, for Rs 519 crores.
7. FIIs have just bought for Rs 5.39 crores.
8. US markets showed some resilience yesterday but today they are falling.
9. So SGX Nifty is trading lower again at 8380.
10. So tomorrow our markets are likely to fall again.
11. Markets are going to be highly volatile.
12. Things may change if US markets recover later in the second half of the trading session.