Post Market Report, February 9, 2015 | Stocks and Commodities

February 9, 2015
Time: 8 pm

Post Market Report:

1. I could not bring 'Pre Market Report' as I had problem with my net connection at Sun TV studio.
2. Those who have watched the Sun News Channel should have some idea about my 'Pre Market' views.
3. Another day of volatile, downward market.
4. Another bad result, now from L&T.
5. Bank of Baroda, PNB, ICICI Bank, IOB, Tata Motors, Tata Steel, JSPL, L&T, the list goes on. These are the stocks plunged by more than 5% on results day.
6. Bank Nifty is almost retracing 100% of the last rise.
7. GDP data came at 7.5%, but many people do not agree as the data is based on new base year.
8. FIIs have sold heavily after a long term, they have sold for Rs 660 crores.
9. DIIs have bought for Rs 470 crores, not sufficient to offset FII selling.
10. China Trade data, Greece Issue, Delhi election news all came together and hence the markets fell for 7th day.
11. Tomorrow election results day. Once again markets will be volatile.
12. US futures are down, Europe is down, mainly due to Greece stand on debt issue.