Nifty outperformed the Bank Nifty index by ~0.6% to close in the green.
Nifty IT index was among the top outperformers, closing ~2% higher on record highs with stocks like Infosys, Mindtree, HCL Tech & Tech Mah adding fresh long positions.
Nifty Midcap 100 index closed ~0.75% higher.
Market breadth ended in the favour of the declines with the advance/decline ratio closing at 1:1x. 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 16.4, down ~6%.
|Top 2 F&O Gainers:||MINDTREE & SAIL|
|Top 2 F&O Losers:||IBULHSGFIN & HAL|
|Bank Nifty||+90 @37,236|