Early on D-Street | Nifty likely to trade with positive bias above 11,935
Episode 1979, Dec 05, 2019, 01:30 AM
S&P BSE Sensex rose 178 points to 40,850 while Nifty50 closed 49 points higher at 12,043 on Wednesday.
Sectorally, the action was seen in metals, consumer durable, IT, and banking stocks while on sectors that remained under pressure include capital goods, energy, oil & gas, and consumer discretionary.
Volume Spike of 100-200% was seen in stocks like Coal India, RIL, Apollo Hospitals, Tata Motors, Divi’s Laboratories, and MindTree.
Long Buildup – Equitas, MindTree, NMDC, and Dish Tv
Short Buildup – L&T, Escorts, HPCL, and Godrej Consumer Products
The rupee clawed back its lost territory to settle 13 paise higher at 71.53 to the US dollar on renewed hopes about US-China trade deal.