Mid Market Report, February 19, 2014 | Stocks and Commodities

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February 19, 2014
Time: 12.45 pm

Mid Market Report

1. Markets are trading as expected, flat with positive bias.
2. Marking stocks are breathing after a big run yesterday.
3. Asian markets, though started with negative note, recovered in the late morning trade.
4. So our markets are also showing some strength.
5. Europe is likely to open flat with positive bias.
6. US futures are flat ahead of FOMC meeting minutes.
7. Rupee is also almost flat.
8. Once again IT and Pharma stocks are doing well.
9. Nifty future is expected to settle between 6120 and 6180, if there are no basket selling.