Mid Market Report, May 14, 2014 | Stocks and Commodities

Sponsored by

May 14, 2014
Time: 1.15 pm

Mid Market Report:

1. Markets are consolidating.
2. Due to huge FII buying, downside will be limited.
3. Europe also opened slightly higher.
4. Energy index is down by more than 1%.
5. As we reported in the morning, PSU Banks are doing very well.
6. Bank Nifty is up only by 0.2% but PSU Bank index is up by 2.8%.
7. Adani Ent. keeps going up due to its link with BJP.
8. Markets are expected to consolidate today and tomorrow with positive bias.
9. Friday will be the D-Day.
10. VIX is likely to go up slightly.