Mid Market Report, June 25, 2014 | Stocks and Commodities

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June 25, 2014

Time: 1 pm

Mid Market Report:

1. Markets are consolidating within a small range.
2. We expected the same in the morning.
3. Mid caps and small caps are out performing the Nifty large caps.
4. Banks and Energy sectors are down.
5. Bank Nifty fall is mainly due to ICICI Bank.
6. Europe future are down as Iraq tension still persists.
7. Despite such a huge rise in the markets yesterday, FII buy figure was not that impressive.
8. So markets are trading with negative bias.
9. As we reported in the morning, Nifty future is expected to settle down between 7580 and 7620.
10. Let us see what happens in the last one hour.