Rupak De of LKP Securities sees the immediate resistance for the Nifty index at 19,000. If the Nifty convincingly breaks above this level, it may induce an upward movement towards 19,450, he says.
Based on the OI percentage, 72 stocks were on the short-covering list. These included JK Cement, Mahanagar Gas, HDFC AMC, RBL Bank and M&M Financial Services