Markets are high; Reliance Industries performed well

Markets witnessed a volatile day of trading as benchmark indices recovered from their opening losses in the second half of trading.

Bank Nifty cut the Nifty index by 1%, closed the previous one in red, and then closed the final ~ 0.5% higher.

Reliance Industries was the top performer with 3%, while shares of Adani Group fell during the day.

The Nifty Midcap 100 Index closed 0.45% lower.

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

Before the options (expiring June 24, 2021), as the Bank Nifty was low, call options were seen onboard writing during strikes. The India Vix index rose to 14.65.

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