Midcap stocks showed good traction with stocks like MGL, Varun Beverages & L&TFH closed the day with 10% gains. Market breadth ended in the favour of the advances with the advance/decline ratio closing at 2:1x. Bank Nifty index saw an addition of long positions during the day.
On the options front (November 26, 2020 expiry), across the board option writing positions were formed in Bank Nifty put options as the index trended marginally higher. India Vix index closed at 19.8, down 1%.
|Top 2 F&O Gainers:||MGL & L&TFH|
|Top 2 F&O Losers:||JSWSTEEL & PEL|
|Bank Nifty||+59 @29,609|