Bank Nifty index underperformed the Nifty index by ~0.2% as large-cap private banks dragged the index lower.
Midcap stocks showed good traction with stocks like Delta corp, South Indian Bank & Sadbhav Eng closed the day with ~15% gains.
Market breadth ended in the favour of the advances with the advance/decline ratio closing at 2:1x. Nifty and Bank Nifty index saw an addition of long positions during the day.
On the options front (December 03, 2020 expiry), across the board option writing positions were formed in Nifty options as the index traded in a narrow range. India Vix index closed at 20.25, up 0.5%.
|Top 2 F&O Gainers:||BOB & MARUTISUZ|
|Top 2 F&O Losers:||BOSCH & HDFC BANK|
|Bank Nifty||-15 @29,448|