Mid Market Report, May 12, 2014 | Stocks and Commodities

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May 12, 2014
Time: 12.45 pm

Mid Market Report:

1. Markets are firmly in the hands of bulls.
2. China, India Hong Kong markets are doing extremely well today.
3. Europe also opened slightly higher.
4. US futures are also positive.
5. For the time being, no China slowdown, no Ukraine problem, it is all election results.
6. Bank Nifty shot up by 1200 points in two trading sessions.
7. VIX is expected to peak out around 40.
8. That may happen tomorrow morning.
9. There may be some volatility towards the end of the day.
10. Today's rise by Indian and Chinese Stock Markets occupied the headline news in Reuters website.
11. So wait for more action tomorrow.