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February 17, 2014Time: 12.45 pm
Mid Market Report:
- As we have reported, Vote on account has become a non event.
- Markets have not moved significantly.
- As expected Auto sector got boost in terms of excise duty.
- But gold duty was not reduced.
- The last event is over for February series.
- There are no more events and markets are expected to trade sideways with positive bias in the days to come.
- India VIX is also going down.
- Nifty future should take support at 6040.
- Resistance is at 6100.
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