Nifty-Bank Nifty Levels: Anil Singhvi, Managing Editor of Zee Business, has told investors what to do if you are an aggressive investor and how and where to sip in Nifty and Nifty Bank (Nifty).
Nifty-Bank Nifty Levels: Banking stocks in the US are in a very bad shape. Banking stocks in the US are seeing a significant decline after the closure of Silicon Valley Bank and Signature Bank. The impact of the decline in the US was also seen in the Indian stock markets ( Indian stock market).
During the trading session on Monday, there was a huge decline in the stock market. However, the Indian stock market has recovered a bit in Tuesday's trading session. In such a situation, Anil Singhvi, Managing Editor of Zee Business, has told investors what to do if you are aggressive investors and how and where you can sip in Nifty and Nifty Bank (Nifty).
Where to Invest the Third Installment:
Anil Singhvi said that if The Nifty falls in the range of 16750-16850, then investors can put their third installment here. Anil Singhvi said that investors should keep money ready in the account, if Nifty comes to this level, then they can invest money. He further said that if you are an aggressive investor, then you can also put it at the level of 16950-17025.
Apart from this, Anil Singhvi also said that if investors are thinking of investing in Bank Nifty, then there are levels for it too. To invest in Bank Nifty, investors can invest at the level of 38450-38625. If bank Nifty comes at this level, then investors can invest money in banking stocks, banking funds.
How is the market today?
The Indian stock market started sluggish on Tuesday. The market is sluggish due to selling in banking, auto and metal stocks. While IT, pharma and realty stocks are seeing slight strength. Adani Group's stocks are sold. Adani Ports and Adani Enterprises are the top losers in the Nifty.
Let us know that in the previous trading session i.e. on Monday, the Sensex fell by 897 points to close at 58,237.85. Similarly, the Nifty also slipped 258 points to close at 17,154.30. Auto and banking stocks were ahead in the sharp decline.