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Mid Market Report, February 17, 2014

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February 17, 2014
Time: 12.45 pm

Mid Market Report:

  1. As we have reported, Vote on account has become a non event.
  2. Markets have not moved significantly.
  3. As expected Auto sector got boost in terms of excise duty.
  4. But gold duty was not reduced.
  5. The last event is over for February series.
  6. There are no more events and markets are expected to trade sideways with positive bias in the days to come.
  7. India VIX is also going down.
  8. Nifty future should take support at 6040.
  9. Resistance is at 6100.


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