Post Market Report, January 12, 2015 | Stocks and Commodities

January 12, 2015
Time: 9 pm

Post Market Report:

1. Markets were highly volatile as expected.
2. Expected short covering also came in Bank Nifty as Europe opened firm.
3. But Crude oil fell more than 4.5% after our markets closed and hence US markets are down and SGX Nifty is also down.
4. IIP and Inflation data came and both are positive.
5. FIIs have bought for Rs 245 crores, a buy figure after a long time.
6. DIIs have sold for Rs 331 crores.
7. Coal India fell more than 4% after Govt.'s intention of selling massive equity of more than 20000 crores.
8. IndusInd Bank is up by more than 4% ahead of results tomorrow.
9. So with some positive and some negative news, once again markets will be volatile tomorrow.
10. We have to see how crude closes tonight.