Both Bank Nifty and the Nifty index closed marginally lower, recovering its entire first half loses during the closing hour of the trade.
Hindustan Uniliver was among the top outperformer among the largecap stocks, closing ~3% higher along with an addition of fresh long positions, while, Adani Port and Adani Ent also closed with strong gains, witnessing short covering.
Nifty Midcap 100 index closed ~1% lower.
Market breadth ended in the favour of the declines with the advance/decline ratio closing at 1:2x. Nifty saw short covering during the day.
On the options front (June 24, 2021 expiry), across the board writing was seen in the put option strikes as Nifty trended higher. India Vix index closed at 14.5, down ~5%.
|Top 2 F&O Gainers:||IDEA & ADANIENT|
|Top 2 F&O Losers:||MGL & HINDPETRO|
|Bank Nifty||-47 @34,558|