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Trade set up for Indian equity markets for January 1, 2021

Updated Jan 01, 2021 | 08:58 IST Foreign investors bought Indian equities worth Rs 1136 crore in the cash segment on a provisional basis and sold Rs 409 crore in the futures & options market. Trade set up for Indian equity markets for January 1, 2021  Mumbai: The Nifty scaled past 14,000 points on the final day of the last year and posted its fastest 1000-point rally in at least 5 years. The Nifty Bank snapped its 4-year gaining streak with all stocks declining except Kotak & HDFC Bank. The Nifty Small & Midcap snapped its 2-year losing streak and outperformed the Nifty.  Interestingly, HDFC Bank & HDFC underperformed the Nifty on a yearly basis while Reliance continued to outperform 6 years in a row.  

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