Anil Singhvi's Market Strategy October 5: Oil & Gas sector is negative; Market may reverse its direction post RBI policy
The market witnessed a sell-off in the second half of the day on Thursday, October 4, 2018, and closed lower by more than 2 per cent . S&P BSE Sensex closed down by 806.47 points (2.24%) at 35,169.16 while Nifty 50 was down by 259 points (2.39%) to close at 10,599.25.
RBI policy will be the key trigger today. The market may reverse its direction post RBI policy. Image source: Youtube