Anil Singhvi’s Strategy May 20: Day support zone on Nifty is 14,900-14,950 & Bank Nifty is 33,150-33,300
Amid negative global markets, foreign neutral institutional investors (FIIs), domestic institutional investors (DIIs), neutral futures & options (F&O) and sentiment cues, the short-term trend of the Indian stock markets will be positive on Thursday, May 20, 2021.
The domestic equity barometers ended with steep losses on Wednesday, May 19, 2021, but in the broader market, outperforming the Sensex, the BSE Mid-cap index jumped 0.53 per cent and the Small-cap index added 0.35 per cent.