Mid Market Report, February 12, 2014 | Stocks and Commodities

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February 12, 2014
Time: 1.30 pm

Mid Market Report:

1. Markets are trading in line with SGX Nifty.
2. Tata Steel has fallen due to results disappointment.
3. Pharma index hit another all time high.
4. Rupee is trading stronger.
5. Europe is likely to open positive.
6. All Asian markets are positive.
7. But still FII seems to be selling today also.
8. Nifty future fell about 30 points intraday.
9. US futures are also trading positive.
10. Nifty future seems to have stuck in the range of 6080 and 6120.
11. If Nifty future crosses and trades firmly above 6120, then it will touch 6180 by Friday.