Mid Market Report, May 19, 2014 | Stocks and Commodities

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May 19, 2014
Time: 1.20 pm

Mid Market Report:

1. Markets are trading in line with expectation.
2. Morning sell off was bought.
3. IT index has lost more than 4%.
4. Pharma and FMCG also fell drastically.
5. This is the sign of a typical bull market.
6. All rate sensitives are doing well.
7. Volatility in Bank Nifty fell.
8. Look at the premiums in Bank Nifty.
9. Nifty is up by 0.7% but Bank Nifty is up by 2.5%.
10. Markets are expected to close between 7280 and 7320.