December 30, 2014
Time: 7.45 pm
Post Market Report:
Time: 7.45 pm
Post Market Report:
- Today also markets were volatile.
- Yesterday Bank Nifty under performed Nifty.
- Today Bank Nifty has out performed Nifty.
- P Note news and the news about Rate cut before next RBI policy meet will be reflected in the markets only when FIIs return to markets next week.
- Bank Nifty was very volatile but shot up in the last one hour to close at the highest point of the day.
- Though our markets recovered to close positive in the last one hour, Europe continued to trade lower.
- US futures are also trading lower.
- Surprisingly both FIIs and DIIs were on buy side in cash market.
- FIIs have bought for Rs 277.92 crores and DIIs have bought for Rs 160.87 crores.
- After the markets close, the news came that Auto sector will not be extended the excise duty cut.
- So Auto sector will fall tomorrow and that may bring the markets down as global cues may also be bad.
Comments
ReplyDeleteMarkets across Asia were trading lower after the Wall Street ended lower in overnight trade as investors remained wary over whether the US government will get taxreform done at all this year.
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