Street signs: Nifty may see healthy run, defence stocks, and more

The shares of Hindustan Aeronautics, Bharat Electronics, Bharat Dynamics, Mazagon Dock, and Mishra Dhatu Nigam rose 15-30 per cent last year.

Nifty likely to see healthy run 

The Nifty 50 index closed the December series with the gains of 7.6 per cent at 13,981, its third consecutive series of gains. The rollover data suggests that the positive momentum could continue in the ongoing January series as well. The option data is scattered at different strikes and suggests a wider trading range between 13,500 and 14,500, analysts said. The Nifty could rally towards 14,200 and 14,500 if it holds above 13,850 levels, while on the downside major support exists at 13,777 and 13,700 levels. The Bank Nifty, which closed the December series with