Broad-based selling pressure was witnessed in the markets with Nifty Midcap 50 and Nifty Smallcap 50 indices down 1.98% and 1.51%, respectively.
Furthermore, all sectoral indices were trading in the red with Nifty Pharma being the worst performer and trading down 4.44%.
India Vix witnessed a sharp surge and was up 9.2 at 17.2.
On the options front, heavy call writing was witnessed in OTM strikes with 10700CE and 10900CE witnessing an addition of ~9.34 lakh shares and ~9.06 lakh shares, respectively (21st Feb Expiry).
|Top 2 F&O Gainers:||Infibeam, Adani Power|
|Top 2 F&O Losers:||Dr.Reddy, Glenmark Pharma|
|Most Active Index Option Contract: (14th FEB)|
|Call Option:||10700CE, O.I.: ↑~ 9.34 lakh shares|
|Put Option:||10500PE, O.I.: ↑~ 2.81 lakh shares|
|Page Industries||O.I.: ↑31%; Price: ↓8.36% (Fresh Short Positions)|
|Glenmark||O.I.: ↑18%; Price: ↓7.4% (Fresh Short Positions)|