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April 23, 2014Time: 1.20 pm
Mid Market Report:
- Markets are trading as expected.
- Bank Nifty is higher ahead of key results.
- All sectoral indices are up except Realty.
- DLF is the top loser, may be due to its close link with congress.
- So far markets are trading along the expected lines.
- But towards the end there may be high volatility.
- Yes bank is trading almost flat ahead of results.
- Capital Goods stocks are out performing.
- Europe has opened almost flat.
- Ahead of holiday, traders will square off their positions.
- That will add to the volatility, in addition to expiry related volatility.
- No change in our view about Nifty expiry.
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