All eyes would remain on it to see if it can defend its 20-DMA. If it holds and moves above the 12,100 mark, we could see 12,240-12,300 levels in the short term or, else, a consolidation between 11,800-12,050 levels could be seen. Stocks in news: HUDCO, Vedanta, HDFC AMC, Reliance, Karnataka Bank, Wipro, SBI, Bharti Airtel.