January 25, 2016
Time: 8.45 pm
Post Market Report:
Time: 8.45 pm
Post Market Report:
- Once again a volatile trading day.
- Markets opened firmly, but started falling after Europe opened negative and Crude fell by 3%.
- Iran reportedly producing record amount of crude.
- After 6 trading sessions, Nifty closed at 7437 exactly the same level on Friday 15th January.
- Crude oil fall, top executives leaving Twitter are responsible for US markets fall today.
- So the markets all over the world are not yet out of the woods.
- Few more trading sessions of stable trading is required.
- Luckily our markets expiry is very near and hence option premiums are falling.
- Today both Put and Call options fell.
- Once again all the PSU Banks fell today.
- The hope of Nifty expiring above 7500 has gone.
- We will be lucky if Nifty expires between 7480 and 7500.
- We can forget about today's fall in Europe and US as our markets will be closed tomorrow.
- We need to see how US and Europe trades tomorrow so that we will be reacting to that here on Wednesday.
- One positive thing today is that FIIs have sold just for Rs 91 crores.
- This is the least amount of selling this year after selling about Rs 10000 crores.
- HDFC Bank has come out with decent numbers.
- On Wednesday, HDFC will declare results.
- Markets will be volatile on expiry day as ICICI Bank, Maruti will declare results.
- SO there is no firm trend is visible now.
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