Nifty outperformed the Bank Nifty index by ~0.2% with both the indices closing in the green.
Nifty IT index hit fresh lifetime highs, closing ~1.8% higher, as stocks like Infosys, Mindtree, Tech Mah & HCL added fresh long positions throughout the trade.
Nifty Midcap 100 index closed ~1% higher.
Market breadth ended in the favour of the declines with the advance/decline ratio closing at 3:2x. Nifty saw an addition of long positions during the day.
On the options front (September 30, 2021 expiry), across the board writing was seen in the put option strikes as the Nifty index trended higher. India Vix index closed at 13.7, up ~1%.
|Top 2 F&O Gainers:||GMR & NTPC|
|Top 2 F&O Losers:||ZEEL & CONCOR|
|Bank Nifty||+247 @36,860|