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Post Market Report, February 23, 2015

February 23, 2015
Time: 9.45 pm

Post Market Report:


  1. Another volatile day, this time S&P report about India triggered the down move.
  2. Reliance led the fall in the afternoon.
  3. All sectors ended in Red today.
  4. SBI and Axis Bank dragged the Bank Nifty lower.
  5. Surprisingly FIIs have bought for Rs 602 crores in today's trade.
  6. DIIs have sold for Rs 164 crores.
  7. The fall is mainly due to expiry related issues.
  8. Bank Nifty roll over was one of the lowest in the recent months.
  9. Markets are likely to be under pressure until expiry.
  10. Markets may recover only after expiry or close to expiry.
  11. Nifty is expected to cross 9000 only if budget is good.



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