Markets close higher; Tata Group Stocks outperformed

Nifty outperformed the Bank Nifty by 0.65%. Meanwhile, Nifty Midcap 100 index closed ~1.5% higher.

Oct 13, 2021 03:10 IST India Infoline News Service

Market Going Up
Markets witnessed a positive day of trade, with the benchmark index closing higher as the indices closed on record highs.

Nifty outperformed the Bank Nifty by 0.65% with both the indices closing ~0.95%/0.3% higher.  

Tata Group stocks were among the top outperformers with stocks like Tata Motors, Tata Chemicals, & Tata Power adding heavy long positions during the day.

Nifty Midcap 100 index closed ~1.5% higher.

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

On the options front (October 29, 2021 expiry), across the board writing was seen in the put option strikes as the Nifty index trended higher. India Vix index closed at 16.2, up ~2%.
Top 2 F&O Gainers: TATA MOTORS & TATA POWER
Top 2 F&O Losers: SRF & MARUTI
Nifty +169 @18,161
Bank Nifty +56 @38,577

Related Story

Open Free Demat Account (Rs699)