Mid Market Report 2, August 30, 2013 | Stocks and Commodities

P R Sundar, Aditya Trading Solutions

August 30, 2013
Time: 12 45 pm

Mid Market Report 2:

1. As I have mentioned, European markets are trading flat with positive bias.
2. I said Friday trade will bring surprises in the afternoon.
3. Thanks to the Prime Minister's announcement that GDP will be flat this time, markets erased the entire gain.
4. For the first time in the last many days, despite Nifty is in negative, Bank Nifty is positive. This shows that Banking stocks may be bottoming out.
5. Market will still be volatile today, so no intraday calls.

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