February 20, 2015
Time: 10 pm
Post Market Report:
Time: 10 pm
Post Market Report:
- Markets were highly volatile today. In the February series, almost every day Nifty fell or rose more than 90 points intraday, some time both rise and fall. Today also Nifty fell 90 points then rose 90 points and then fell again.
- Today for the first time in last many days, Bank Nifty out performed Nifty.
- Though private sector banks fell, PSU banks supported the market.
- Though FIIs are net buyers in cash market, they are selling heavily in F&O market.
- Just like last Friday, Greece issue might have been the reason for today's fall.
- Today FIIs have sold just Rs 89 crores in cash market.
- DIIs have bought for Rs 205 crores.
- However FIIs have sold heavily in F&O market, the selling was over Rs 800 crores.
- Nifty 8800 put has the highest open interest among puts and Nifty 9000 call has the highest open interest among calls.
- So Nifty is expected to trade between 8800 and 9000 until expiry.
- Markets will be open on Budget day.
- Europe and US markets are trading flat with positive bias now.
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