Anil Singhvi’s Strategy May 11: Day support zone on Nifty is 14,775-14,825 & Bank Nifty is 32,575-32,775
Amid negative global markets, foreign neutral institutional investors (FIIs), neutral domestic institutional investors (DIIs), futures & options (F&O) and sentiment cues, the short-term trend of the Indian stock markets will be neutral on Tuesday, May 11, 2021.
The S&P BSE Sensex rallied 295.94 points or 0.60 per cent to end at 49,502.41. The Nifty 50 index rose 119.20 points or 0.80 per cent to close higher at 14,942.35. Bank Nifty index rose 237.90 points or 0.72 per cent to 33,142.40.