Technically, the Nifty is currently placed at a crucial juncture or a hurdle of 12,103-12,133 levels and a sustainable move above this zone could lead the index towards our short term target of 12,240-12,300. In case of any setbacks, immediate support is seen on the downside in the zone of 12,000-12,040. Stocks in news: Balaji Amines, Cipla, RBL Bank, Jet Airways, Manappuram Finance, Indian Overseas Bank.