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|
|Bank Nifty||+56 @38,577|