Anil Singhvi’s Market Strategy January 7: Market to be Neutral; PSU & Private Banks, NBFC, Metals are Positive
Positive global market and sentiment, neutral future and option (F&O), foreign institutional investors (FII) and domestic institutional investors (DIIs) cues suggest that the short-term trend of the Indian market will be neutral on Monday, January 7, 2019.
The gains were backed by a recovery in auto, metal and banking stocks amid buying by domestic institutional investors.