Post Market Report, February 18, 2016 | Stocks and Commodities

February 18, 2016
Time: 10 pm

Post Market Report:

1. Once again highly volatile day of trade.
2. Nifty was up by more than 100 points from yesterday's close, then fell nearly 100 points and then went up by 50 points then fell 60 points and then again shot up by about 80 points.
3. European markets traded in Green and that helped our markets.
4. Surprisingly both FIIs and DIIs were on the buy side today.
5. DIIs have bought after a long time and they have bought for Rs 419 crores.
6. DIIs have also bought heavily and they have bought for Rs 712 crores.
7. After a long time, all the sectoral indices were up.
8. Particularly IT, FMCG, Pharma, Bank indices were up by more than 1%.
9. Reliance dragged the Oil and Gas sector.
10. Huge selling continued in HDFC, even after falling more than 30% in the last one year, everyday there is a delivery based selling of Rs 300 to Rs 400 crore in this counter.
11. India VIX fell marginally.
12. There will be some hope returning to markets as FIIs have turned net buyers today.
13. The real effect will be felt in the last one hour of tomorrow's trade.
14. Right now US markets are facing marginal selling pressure as US markets were up in the last three days.
15. So if FIIs continue to buy, markets may stabilise and start moving higher.
16. We will know by tomorrow by 3.30 pm whether market sentiment turns to better or not.