Taking Stock: Nifty snaps 4-day losing streak; 12,200 crucial for bulls

Episode 2150,   Jan 23, 2020, 11:21 AM

The Nifty50 snapped its 4-day losing streak and closed in the positive territory on January 23 on the back of stable earnings from L&T, Axis Bank and crude prices hitting a 7-week low. However, muted global cues capped the upside.

The S&P BSE Sensex rallied nearly 300 points while the Nifty50 closed near its intraday high of 12,189.