Mid Market Report, July 1, 2014 | Stocks and Commodities

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July 1, 2014
Time: 12.30 pm

Mid Market Report:

1. Markets are trading as expected.
2. Bank Nifty still not performing.
3. Today Auto stocks are the star performers.
4. Maruti came out with impressive sales figures.
5. IT, Energy and Pharma are dragging the markets down.
6. Europe has opened up.
7. India VIX is hovering around 18, which may shoot up in the next few days.
8. Metal sector is doing well after better Manufacturing PMI data from China.
9. Hindalco is the top performer.
10. Nifty future may settle down between 7660 and 7700 by the end of the day.