Anil Singhvi’s Market Strategy August 31: Sectors: Banks, Metals, Oil & Gas are negative; HCC is stock of the day
The S&P BSE Sensex at the Bombay Stock Exchange on August 30, 2018, fell by 32.83 points, or 0.08 per cent, to close at 38,690.10. The Nifty 50 at the National Stock Exchange also shed 15.10 points, or 0.13 per cent, to settle at 11,676.80, while Nifty Bank saw a decline of 120.85 points, or 0.43 per cent, to close at 28,103.25.
Anil Singhvi suggests traders to reduce their buying positions on Nifty and BankNifty if they close below the mark of 11,575 and 28,000. Image source: Facebook