A short build-up was seen in 70 stocks, including Balkrishna Industries, Bajaj Finance, Aditya Birla Fashion & Retail, Bandhan Bank, and L&T Finance Holdings
Momentum indicators suggest that the Nifty will consolidate in the near term. The Nifty will have to hold the crucial support of 19,600-19,450. If it manages to go past 19,850 decisively, it can even cross the 20,000 mark, experts say
Based on the OI percentage, 83 stocks were on the short-covering list. These include Manappuram Finance, MRF, Indiabulls Housing Finance, Bosch, and Dalmia Bharat.
Based on the OI percentage, 61 stocks saw long unwinding, including Chambal Fertilisers and Chemicals, Alkem Laboratories, Balkrishna Industries, Metropolis Healthcare, and United Spirits