February 13, 2015
Time: 10.30 pm
Post Market Report:
Time: 10.30 pm
Post Market Report:
- Today relatively less volatile day.
- In the morning I mentioned that markets either may face slight pressure or will rise significantly if FIIs start buying.(Point Number 12).
- The second has happened. FIIs started buying and markets rose significantly.
- FII buying was confirmed in the evening, they have bought for Rs 390 crores.
- So SGX Nifty now trading at 8886, about 40 points higher.
- SBI results turned the market sentiment. SBI shot up by more than 8%
- M&M also declared very good results and shot up by 5%.
- Europe and US markets are trading in Green.
- With all the events are over for this expiry, VIX is likely to fall next week.
- There are only 8 trading sessions for this expiry, so along with VIX option premiums are likely to fall.
- For detailed report, please read my "Dalal Street Next Week" report on Sunday.
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