Anil Singhvi's Market Strategy August 13: Banks, NBFC, Metals are negative; HDFC Bank is stock of the day
Domestic equity markets closed in red on Friday. On the day, S&P BSE Sensex went down by 0.41 per cent or 155.14 points and Nifty 50 also saw a fall of 0.36 per cent or 41.20 points to close at 37,869.23 points and 11,429.50 points respectively. Similarly, Nifty Bank also went down by 0.69 per cent or 195.75 points to end at 28,124.25.
Traders are advised to close their buying positions if the Nifty and BankNifty closes below the mark of 11,350 and 28,000. Image source: Youtube