Mid Market Report, June 27, 2014 | Stocks and Commodities

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June 27, 2014
Time: 2.15 pm

Mid Market Report:

1. Markets are consolidating after a big fall yesterday.
2. The momentum is likely to pick up only next week.
3. As we move closer to Budget, markets are likely to move higher.
4. Asian markets are mixed.
5. Europe has opened up.
6. IT and Pharma indices are up by more than 2%.
7. All other indices are not doing well.
8. Bank Nifty is falling for second day.
9. Nifty future is likely to close between 6520 and 6580.