The local market saw some signs of a negative day in the second half of the trading session for profit booking. The Bank Nifty index outperformed the Nifty by 0.3%.
The Nifty Pharma Index is one of the best-performing stocks with a close of 1.3%, adding new long positions with shares such as Dr. Reddy’s, Cipla, Biocon, and Lupine.
The Nifty mid-cap 100 index close high on 0.6%. The market width ended in favor of improvements as the forecast/decline ratio ended at 1: 1x.
The Nifty break through on the morning.
Before the options (July 29, 2021 expiration), the Nifty traded in a narrow range so that the board characters were seen in the call and boot option strikes.