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Mid Market Report, December 31, 2013

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December 31, 2013
Time: 2.30 pm

Mid Market Report:

  1. Markets are trading as expected.
  2. Nifty touched the high of 6380 exactly, the resistance we have mentioned in the morning.
  3. After that is lackluster day.
  4. Volume may the lowest in this year.
  5. Tomorrow also markets are expected like this only.
  6. There seems to be no buying by institutions to shore up their NAVs.
  7. Anyway we have one more hour of trade, anything can happen.
  8. Nifty future is expected to settle down between 6340 and 6380.


Comments

  1. Indian Stock market fell for a fourth consecutive session on Friday, posting its biggest weekly drop since mid-August, as concerns about the country`s widening fiscal deficit and rising crude prices spooked investors
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