Anil Singhvi's Market Strategy October 11: Trend is negative; NBFC, Banks, IT & Metals under cloud too
Amid positive domestic institutional investors (DIIs), neutral future and option (F&O), negative global market, neutral foreign institutional investors (FII) and cautious sentiment cues, the short-term trend of the Indian market is likely to be negative on October 11, 2018.
On the day, Nifty 50 went up by 159.05 points or 1.54 per cent before closing at 10,460.10 and S&P BSE Sensex went up by 461.42 points or 1.35 per cent to close at 34,760.89. Image source: Zee Business