MARKET TODAY:
US Market
Nasdaq = -97.09
Dow Jones = +46.50
European
Ftse 100 = +5.24
Cac 40 = +4.39
Dax = +83.50
Asian
Nikkei 225 = -88.21
Straits Times = -13.59
Hang Seng = -121.18
Taiwan weighted = +8.97
Kospi = +15.27
SGX Nifty = 11223.5(-3)
On 7th Aug
Fii buys 397.32 crore stocks
Dii sells 438.52 crore stocks
Good News :
1. Defence minister ban import of 101 military items, good for defense stocks
2. Aramco CEO is going to invest in Reliance Ind
Bad News:
1. In India, corona infected person list cross 22 Lakhs 14 Thousand and total death reach 44466
2. America China issue increase
MY VIEW:
Be on Buy side till Nifty hold 10950/10920
Defence and Chemical stocks will go upside.