Anil Singhvi's Market Strategy August 6: Market is positive; HDFC AMC is stock of the day
The Indian domestic stock markets closed with gains after halting the two-day losing streak on Friday. On the day, the BSE Sensex closed after gaining 391 points or 1.05 per cent to close at 37,556.16, while the Nifty 50 went up by 116.10 points or 1.03 per cent and closed at 11,360.80.
Anil Singhvi suggests traders to reduce their buying positions on Nifty and BankNifty if they close below the mark of 11,250 and 27,600. Image source: Youtube