What really causes the move at 14:00 in indian markets

General
1

This trend is quite prominent, some days the market is flat moving sideways until around 13.30 or 14:00 and starts moving up or down at a vigorous pace. What causes this move?

  1. Is it people squaring off their intraday open positions?
  2. Is it the open of European markets?
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2

That’s when the fund managers from EU and UK wake and start trading in emerging mkts. Based on day light savings this is anytime between 13:30.to 14:30!

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