Financial stocks like Bajaj twins, Axis Bank & Kotak Bank closed lower as 8 out of 10 top losers were from the finance sector. Nifty Midcap100 index closed on a flat note, outperforming the benchmark index.
Market breadth ended in the favour of the advances with the advance/decline closing at 1:1x. Nifty and Bank Nifty futures saw long unwinding.
On the options front (June 11, 2020 expiry), across the board call option writing was seen as the Bank Nifty index trended lower.
India Vix index closed at 29.5, down 1.75%.
|Top 2 F&O Gainers:||IDEA & INDIGO|
|Top 2 F&O Losers:||CHOLAINV & RBL|
|Bank Nifty||-550 @20,390|