Post Market Report, February 19, 2019 | Stocks and Commodities

February 19, 2019
Time: 8.15 pm

Post Market Report:

1. Today morning I could not write 'Pre Market Report' as I had to go out for renewal of my Driving License.
2. Yesterday there was huge buying by FIIs in both cash and F&O segments.
3. Yet today Bank Nifty fell more than 500 points intraday.
4. This is the nature of bull market.
5. Correction will set in at an unexpected moment and the fall will be very fast and furious.
6. Nifty fell below yesterday's low and then recovered to trade higher than yesterday's high.
7. Nifty closed positive and Bank Nifty closed negative.
8. I have mentioned earlier that Nifty will cross all time high in the run up to the budget but Bank Nifty will not.
9. Action is actually out side the Nifty 50.
10. DVR shares all shot up as they may be included in the Sensex. Chances of Tata Motors DVR becoming Sensex stock is very high. Tata Motors DVR shot up by 6.5% when Tata Motors fell by 1%.
11. Jindal Steel shot up by 28% and metal index was up by more than 3.5%.
12. PSU Banks are worst performers falling more than 1%.
13. India VIX fell by 2.46% but still above 20.
14. FIIs have bought for Rs 1543 crores and DIIs have sold for Rs 196 crores.