Post Market Report, February 18, 2015 | Stocks and Commodities

February 18, 2015
Time: 8 pm

Post Market Report:

1. Greece agreeing to ask for 6 months extension of debt helped many world markets to trade at all time high.
2. Our markets also traded higher than yesterday's high intraday.
3. Most sectors were up, except Metals, PSU Banks and Realty.
4. Today FIIs have bought for Rs 2188 crores, the highest in February.
5. Yet the markets were volatile during intraday.
6. DIIs have bought for Rs 328 crores.
7. As I have mentioned earlier, Nifty has out performed Bank Nifty.
8. Nifty is just 1% below all time high whereas Bank Nifty is nearly 8% below all time high.
9. In fact, it is one third of Bank Nifty's contribution to Nifty prevents Nifty from crossing all time high.
10. Mid cap index is also very close to all time high.
11. Now this Greece issue is out of the way, Nifty is likely to cross magical figure of 9000 before budget.