Markets witnessed a positive day of trade with Nifty index closing above the 13,000 mark. A broad based rally was seen in major sectoral indices with Banking & Pharma sectors leading from the front. Bank
Nifty index outperformed the Nifty index by ~1.5% reversing the entire underperformance of the last trading session. Nifty Midcap 100 closed ~0.75% higher. Market breadth ended in the favour of the advances with the declines with the advance/decline ratio closing at 3:2x. Nifty index saw an addition of long positions during the day.
On the options front (November 26, 2020 expiry), across the board option writing positions were formed in Nifty put options as the index trended higher. India Vix index closed at 21, up 1.25%.
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Top 2 F&O Gainers: |
BOSCH & RBL |
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Top 2 F&O Losers: |
GMR INFRA & JUBLFOOD |
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Nifty |
+129 @13,055 |
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Bank Nifty |
+713 @29,737 |