Markets are high; Bank stocks performed better

Markets saw a favorable day of trading as the benchmark index closed at record highs.

Bank Nifty outperformed the Nifty index by 0.5%, with both indices at 9 0.9% /. Are 0.4% higher.

Shares such as ICICI Bank and Axis Bank closed their long-term lows and added new long-term levels as banking stocks performed better.

The Nifty Midcap 100 index closed 0.6% higher.

The market width ended in favor of improvements as the forecast/decline ratio ended at 3: 2x. The Nifty added longer levels during the day.

Before the options (expiring June 24, 2021), as the Bank Nifty was at a high level, board options were seen throughout the board writing. The India Vix index ended 6% lower at 14.6.

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