Anil Singhvi's Market Strategy August 9: Metals, Oil & Gas, Oil Marketing Cos are positive; NALCO is stock of the day
Domestic stocks on Wednesday, August 8, 2018, gained around half a per cent to log new lifetime highs. Amid mixed global markets, S&P BSE Sensex climbed 0.59 per cent or 221.76 points to 37,887.56. Nifty 50 also jumped up 0.53 per cent or 60.55 points to 11,450, while NiftyBank went up by 0.67 per cent or 186.55 points to close at 28,062.45.
Buy BankNifty in 27800-27900 range with a stop loss of 27,750 and a target of 28,000. Image source: Youtube