Nifty is taking a breather, investors must go for buy on declines: Shivangi Sarda

After opening with mild gains on Wednesday, equity benchmarks slipped into the red during the afternoon trade amid volatility. The Sensex and Nifty lost 0.4% to trade below 58,100 and 17,300 respectively. All sectors barring the banks and financial services slipped into the red. Shivangi Sarda of Motilal Oswal Financial Services spoke to Money9 on the way investors should approach the volatile markets.

“Nifty seems to be taking a breather. Call writing at higher levels is limiting the upside. Market bias however still remains bullish and investors should go for a buy on declines strategy”, she said.

She also believes that broader markets look good for those who wish to stay invested.

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