Post Market Report, May 12, 2016 | Stocks and Commodities

 May 12, 2016
Time: 9.30 pm

Post Market Report:

1. Today Nifty closed just above 7900 after a volatile session.
2. The volatility is very high.
3. Today morning, SGX Nifty was at 7819, then Nifty future opened almost flat and hit a high of 7940, then fell 80 points to 7860 and then shot up again to close around 7932.
4. Even other markets are highly volatile.
5. Germen index opened 100 points lower, then shot up by 200 points then fell more than 200 points, the total swing was more than 5%.
6. Both FIIs and DIIs were on the buy side in Cash market.
7. FIIs have bought for Rs 24 crores and DIIs have bought for Rs 258 crores.
8. FIIs were net buyers in all segments of F&O. (Index future, index option, stock future and stock option).
9. They have bought about Rs 1000 crores in F&O.
10. Reliance and Infosys showed some buying after many days of fall.
11. But profit booking came in some counters like Auro Pharma, Yes Bank, etc.
12. DrReddy shot up after poor results.
13. After the markets close, IIP data came at 0.1% against the expectation of 2.5%.
14. CPI Inflation data came at 5.39% against the expectation of 5%.
15. So tomorrow Banking stocks and Capital Goods stocks may be under pressure.
16. MSCI rejig will be announced tonight.
17. Stocks affected will be in focus tomorrow.
18. Last but not least, tomorrow is Friday the 13th.
19. Though our market is trying to move higher, global cues are dragging our markets.
20. On the expiry day of April series, Nifty fell from 7980 to close at 7847.
21. Even after 10 trading sessions, Nifty is yet to recover that one day loss.
22. IMD will announce the date on which monsoon will hit the country on 15th May.
23. Next monsoon forecast will be issued in the first week of May.
24. Right now, SGX Nifty is trading about 50 points lower.
25. So tomorrow will be another day of highly volatile trade.