March 13, 2015
Time: 8 pm
Post Market Report:
Time: 8 pm
Post Market Report:
- I could not write "Pre Market Report" as I was rushing to Sun TV today morning.
- Today's market movement is puzzling.
- Global cues were very good, FIIs bought heavily in yesterday's market, SGX Nifty was up by about 70 points, still markets fell.
- Surprisingly FIIs were net buyers for Rs 67 crores in cash market today.
- DIIs have sold for Rs 72 crores.
- Even in F&O market, FIIs have bought heavily in stock futures and marginally in Nifty futures.
- With this kind of data, severe fall like this is amazing.
- Markets may stabilise next week.
- Nifty has fallen more than 400 points in 8 trading sessions.
- Sensex has fallen more than 1500 points from the peak.
- Bank Nifty has fallen more than 10% from its peak.
- Now US markets are falling.
- So the negative bias may continue next week also.
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