Mid Market Report, April 9, 2014 | Stocks and Commodities

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April 9, 2014
Time: 12.45 pm

Mid Market Report:

1. Markets are trading as expected.
2. Opened gap up, then selling, we have to see how it ends.
3. VIX is up again by 6%.
4. Most sectoral indices are up except FMCG and IT.
5. PSU banks are rising.
6. 4 IT stocks are there in the bottom 5 stocks in Nifty.
7. It will be interesting to see Infosys results next Tuesday.
8. Europe has opened posiitive.
9. US futures are almost flat.
10. No change in our view about Nifty for today.