Markets are high; IT stocks performed better

Markets saw a positive day of trading and key indices continued to see buying momentum.

Nifty Bank Nifty Index 0.3%, was 0.25% higher.

The Nifty ID Index closed at a record high, rising ~ 3% after Mindtree reported better-than-expected quarterly earnings, sparking a huge rally among its ID peers.

Nifty Midcap 100 index closed higher than ~0.2%.

The market width ended in favor of improvements as the forecast/decline ratio ended at 1: 1x. The Nifty added longer levels during the day.

Before the options (expiring July 29, 2021), as the Nifty was high, the board was seen throughout the writing on the Option Strikes. India Wicks Index 6 ended 0.2% lower at 12.6.

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