Anil Singhvi’s Strategy August 2: Metals & PSU Banks are Negative; Sell Tata Steel Futures with Stop Loss 425
Amid neutral domestic institutional investors (DIIs), futures and options (F&O) and negative global markets, foreign institutional investors (FIIs) and sentiment cues, the short-term trend of the domestic Indian markets will be Negative today.
Vedanta Limited (down 5.61%), JSW Steel (down 5.01%), SBI (down 4.70%), Tata Motors (down 4.35%) and Hindalco Industries (down 4.17%) were the biggest losers on Thursday. Image source: Twitter/Zee Business