Stock market investment tips today and Tomorrow, intraday nifty and stocks Tips and call 8 Aug, Nifty Trading Tips, nifty trend tomorrow, nifty stocks, nifty tips intrans, nifty tips provider, stock market investment for beginners, intraday stock tips, intraday trading intraday stocks watch today, best stocks to buy today and tomorrow, hot stocks to buy now, picks in shares of India 8 Aug 2018
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A strong day for Indian markets as benchmark indices closed at fresh closing record highs. The Nifty50 climbed 11,450 while Sensex rallied over 200 points. The Nifty50 formed a bullish candle on daily charts but analysts still advise investors to remain cautious.
Buying in select Index heavyweights boosted benchmark indices and pushed them to finally close the day with gains of over 0.25 percent.
But, mid-caps and small-caps continued to underperform the broader.
On the macro front, the International Monetary Fund (IMF) reportedly said that India's central bank will need to gradually tighten monetary policy further due to rising inflation, mainly driven by higher oil prices and a falling rupee.
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