Anil Singhvi’s Market Strategy August 3: Consumption, Pharma are positive; Sail is stock of the day
The Indian domestic stock market closed on a negative note on Thursday. The S&P BSE Sensex went down by 356.46 points (0.95%) to close at 37,165.16 and Nifty50 closed down by 101.50 points (0.89%) at 11,244.70.
Anil Singhvi suggests that traders should reduce their buying positions on Nifty and BankNifty if they close below the mark of 11,175 and 27,400. Image source: Facebook