Post Market Report, January 19, 2016 | Stocks and Commodities

January 19, 2016
Time: 9.45 pm

Post Market Report:

1. Markets finally stabilised after so many days of fall with high volatility.
2. China markets were up by more than 3% and that aided the sentiment.
3. Around 2.30 pm there was some selling but that was bought into.
4. One good thing is that VIX has fallen by 8.8%.
5. This is the first significant fall in VIX this year.
6. This shows that markets may not fall much from here, though rising significantly from here also may be difficult.
7. After the market hours, Reliance has come out with good set of results.
8. Most analysts feel that Reliance shares will rise tomorrow but may not be a big bang up move.
9. FIIs once have sold heavily for Rs 858 crores.
10. But DIIs have bought for Rs 1387 crores, much higher than what FIIs have sold.
11. When our markets closed, US Dow futures were up by more than 200 points.
12. But after the US markets open, markets are volatile and now Dow trading up just by 100 points.
13. So SGX Nifty is trading lower due to this and FII selling.
14. If there is any fall in US towards the end of the session, then our markets will fall tomorrow.
15. But the fall or rise may not be significant for the next few days as there are no key data due.
16. Going forward, VIX is likely to come down further.