Infosys closed ~10% higher, hitting fresh lifetime high backed by better than expected quarterly earnings and dovish management commentary.
Nifty Midcap100 index closed higher, up ~0.5. Market breadth ended in favour of the declines with the advance/decline closing at 1:2x. Nifty & Bank Nifty future saw short covering.
On the options front (July 16, 2020 expiry), across the board put option writing was seen in the Nifty & Bank Nifty index as the indices traded with a positive bias. India Vix index closed at 25.5, down 3%.
|Top 2 F&O Gainers:||INFOSYS & BPCL|
|Top 2 F&O Losers:||IDEA & INFRATEL|
|Bank Nifty||+211 @21,552|