Anil Singhvi’s Market Strategy August 8: Market is Positive; Adani Enterprises stock of the day
Sensex closed with marginal losses on Tuesday while Nifty remained almost flat even as global markets showed strength. Amid volatile trade, S&P BSE Sensex slipped 0.07 per cent or 26.09 points to 37,665.80. Nifty 50 added 0.02 per cent or 2.35 points to 11,389.45 and the Nifty Bank slipped down 0.08 per cent or 22.60 points to close at 27,875.90.
Anil Singhvi suggests traders to reduce their buying positions on Nifty and BankNifty if they close below the mark of 11,350 and 27,700 respectively. Image source: Youtube