Nifty Auto and Nifty IT index were among the top outperformer with stocks like Maruti Suzuki, Tata Motors, Infosys closed with strong gains. Midcap 100 index closed higher by 1%. Market breadth ended in the favour of the advances with the advance/decline ratio closing at 1:1x. Nifty and Bank Nifty index saw an addition of long positions during the day.
On the options front (January 21, 2020 expiry), across the board option writing was seen in put option strikes as Nifty trended higher. India Vix index closed at 21.5, down ~6%.
|Top 2 F&O Gainers:||MRF & APOLLO TYRES|
|Top 2 F&O Losers:||L&THF & IBUHSGF|