Nifty outperformed the Bank Nifty index by ~0.4% with both the indices closing ~0.8%/0.4% higher.
Real Estate Stocks was among the top outperformers, with Kolte Patil, Oberoi Realty & Sobha Developers leading from the front, enabling Nifty Metal to close ~4.7 % higher.
Nifty Midcap 100 index outperformed the benchmark index, closing ~1.6% higher.
Market breadth ended in the favour of the advances with the advance/decline ratio closing at 2:1x. Nifty saw an addition of long positions during the day.
On the options front (July 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 12.8, down ~0.1%.
|Top 2 F&O Gainers:||PIIIND & CHOLAINV|
|Top 2 F&O Losers:||UPL & MARICO|
|Bank Nifty||+126 @34,710|