Trade setup for Monday: Top 15 things to know before the opening bell
Based on the OI percentage, 60 stocks, including Infosys, LTIMindtree, Coforge, Persistent Systems, and Petronet LNG, saw a short buildup.
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Based on the OI percentage, 60 stocks, including Infosys, LTIMindtree, Coforge, Persistent Systems, and Petronet LNG, saw a short buildup.
Infosys is the fourth biggest stock on the Nifty 50 index in terms of weightage, with 6.7 percent. The market will also react to results from HDFC Bank, which commands a 9.3 percent weightage on the index.
Tuesday's gains also took the Nifty 50 index to a one-month high and within touching distance of the March 6 swing high of 17,799.
Based on the OI percentage, 71 stocks were on the short-covering list. These included Kotak Mahindra Bank, DLF, Atul, State Bank of India, and HDFC.
Based on the OI percentage, 67 stocks, including Tata Motors, Godrej Properties, ONGC, City Union Bank, and Chambal Fertilizers, saw long build-ups.