Post Market Report, January 5,2014 | Stocks and Commodities

January 5,2014
Time: 9 pm

Post Market Report:

1. Markets were highly volatile.
2. Towards the end, markets fell as Europe fell.
3. Auto stocks rose as the monthly sales report of commercial vehicles wes good.
4. Maruti's rating upgrade made Maruti as the best performing stock.
5. TCS is reportedly giving pink slip to 25000 employees and there was a report that people from Chennai taking steps to bring Union in IT sector. Due to this news IT stocks fell. Also Infosys rescheduling its results time from morning to evening making people jittery about this stock.
6. After our markets closed, Europen markets fell drastically as crude oil prices fell by more than 4%.
7. FIIs have bought for Rs 472 crores.
8. DIIs have sold for Rs 575 crores.
9. Volume also picked up today.
10. Now US markets are trading about 1% lower.
11. Tomorrow Nifty is likely to open lower by about 20 to 30 points.