Editor’s Take: Market may correct further, Nifty50 may slip to March 8 low levels, says Anil Singhvi; advises investors against taking overnight positions
According to Singhvi, the Nifty50 shall take support at 16100, as it on Monday morning broke the 16300 support, by slipping over 1 per cent. He believes the index may see March 8 low levels (15671 intraday and 15863 closing), if it failed to hold the above-mentioned support level.”
Both the benchmark indices – Sensex and Nifty50 witnessed a gap-down opening on Monday: Zee Business