Mid Mark Report, May 22, 2014 | Stocks and Commodities

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May 22, 2014
Time: 2.15 pm

Mid Market Report::

1. Markets are trading as expected.
2. But in the last few days, whenever Nifty future reaches 6720,selling came.
3. We have to wait and see what happens today.
4. Banking stocks rose as expected.
5. VIX keeps coming down.
6. Metal index is doing well due to good PMI data from China.
7. Real estate stocks have been flying high in the past few days, today no exception.
8. Europe is trading slightly positive.
9. There may not be any breakout today.
10. It will interesting to see how markets move tomorrow afternoon.