Anil Singhvi’s Strategy April 16: Day support zone on Nifty is 14,450-14,500 & Bank Nifty is 31,500-31,800
Amid positive global markets, foreign institutional investors (FIIs), negative domestic institutional investors (DIIs), neutral futures & options (F&O) and sentiment cues, the short-term trend of the Indian stock markets will be neutral on Friday, April 16, 2021.
Domestic benchmark indices rose about 0.50% on Thursday, April 15, 2021, in volatile trade amid mixed global cues. The Sensex at Bombay Stock Exchange closed above the 48,800-mark while the Nifty at National Stock Exchange settled near the 14,600 level.