Markets close on record highs; Midcap stocks outperformed

Nifty and Bank Nifty index closed marginally higher, continuing their upward momentum.

Sep 24, 2021 03:09 IST India Infoline News Service

Market Up
Markets witnessed a positive day of trade, with the benchmark index closing on record highs.

Both Nifty and Bank Nifty index closed marginal higher, continuing their upward momentum.

Midcap Stocks like Chambal Fertiliser, Oberoi Realty & Indus Tower hit a fresh 52-week highs along with an addition of fresh long positions. Nifty Midcap 100 index closed ~0.75% higher.

Market breadth ended in the favour of the declines with the advance/decline ratio closing at 2:3x.  Nifty saw an addition of long positions during the day.

On the options front (September 30, 2021 expiry), across the board writing was seen in the put option strikes as the Nifty index trended higher. India Vix index closed at 16.9, up ~2%.
Top 2 F&O Gainers: INDUSTOWER & IDEA
Top 2 F&O Losers: APOLLOHOSP & CANFINHOME
Nifty +204 @17,843
Bank Nifty +59 @37,830

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