Mid Market Report, June 5, 2014 | Stocks and Commodities

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June 5, 2014
Time: 1.15 pm

Mid Market Report:

1. Markets are trading firm.
2. It seems that today also it is going to be 'All time closing high' for both Nifty and Sensex.
3. Metal stocks are doing extremely well.
4. Bank Nifty is the only sector which is in red.
5. All other sectors are trading positive.
6. Even in Banks, it is only private sector banks are under performing.
7. PSU Banks are trading firm.
8. Europe has opened almost flat.
9. Mid caps and small caps are out performing.
10. VIX is slightly up.
11. Since Nifty future is trading firmly above 7420, Nifty is likely to test all time intraday high in the next few sessions.