Anil Singhvi sounds alert for investors amid stock market mayhem, reveals Nifty, Bank Nifty support levels
Thursday has been a very tough day for stock market. It is the first time since 3rd August that the Nifty has closed below 10900. Meanwhile, Bank Nifty was weaker by more than 500 points, ending the day below 20500. All sectors were down today including IT metals and auto. Meanwhile the Angel Broking IPO has also received a lacklustre response
The Nifty has been seeing a breach in all the strong support levels. The problem here is that the markets are not making an attempt to regain the momentum, Singhvi said