Markets close higher; Reliance Industries stock outperforms

Nifty outperformed the Bank Nifty by ~1%. Reliance Industries closed ~6% higher as stock witnessed an addition of fresh long positions.

Nov 25, 2021 03:11 IST India Infoline News Service

Stock Market Up
Markets witnessed a positive day of trade, with the benchmark index trending higher for the major part of the trade.

Nifty outperformed the  Bank Nifty by ~1% with the former closing in the green while the later closing lower.

Reliance Industries closed ~6% higher as stock witnessed an addition of fresh long positions.  

Nifty Midcap 100 index closed ~0.7% higher.

Market breadth ended in the favour of the advances with the advance/decline ratio closing at 2:1x. Nifty saw an addition of long positions during the day.

On the options front (November 25, 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 ~4%.
Top 2 F&O Gainers: VEDL & APOLLOHOSP
Top 2 F&O Losers: SIEMENS & INDIGO
Nifty +132 @17,547
Bank Nifty -70 @37,365

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