December 26, 2014
Time: 7.45 pm
Post Market Report:
Time: 7.45 pm
Post Market Report:
- Today, probably is the highest volatile first day of the series.
- Nifty future was up by 24 points then down by more than 100 points and again up by more than 50 points.
- This kind of volatility usually happens towards the end of the series.
- One of the reasons is the complete absence of FIIs.
- FII turnover was 20% of the usual turnover.
- Low volume leads to higher volatility.
- DIIs continued to support the market with a buy figure of Rs 417.29 crores.
- FIIs have bought for Rs 39.97 crores.
- Bank Nifty is holding the market.
- Particularly PSU Banks are out performing.
- Next few days also markets are likely to be volatile.
- VIX fell by 2.8% which is a good sign.
- FMCG sector under performed today.
- US futures are up as of now.
- So markets may stabilise around 8200 for few days before making a directional move.
- Big moves are expected only after January 5.
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