Markets closed on a flat note; HUL outperformed

Hindustan Uniliver was among the top outperformer closing ~3% higher along with an addition of fresh long positions.

Jun 18, 2021 03:06 IST India Infoline News Service

Bear Versus Bull Silhouette
Markets witnessed a volatile day of trade as the pendulum swings weighed in.

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
Nifty -8 @15,683
Bank Nifty -47 @34,558

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