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Trade set up for Indian equity markets for December 29, 2020

Updated Dec 29, 2020 | 08:41 IST The PSU stocks, PSU Bank & PSE, have outperformed so far this month but still down 30 percent & 13 percent respectively for the year so far. Representational image  Mumbai: The SGX Nifty scaled past 14,000 for the first time to indicate a positive start of Indian equities. The Nifty gained over 100 points to close at a record high so did the Dow Jones in overnight trade. The Nifty Bank advanced over 400 points to close above 30800 as all stocks closed with a positive bias. However, it is till 5 percent away from life high and down 4 percent for the year so far.  

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