Markets saw a negative day of trading as board profit bookings weighed.
Bank Nifty fell Nifty .1 0.1% and both indices closed in the red.
Large-cap stocks such as Reliance, ICICI Bank, and SBI saw long positions unaware as profit bookings weighed.
The Nifty Midcap 100 index closed 0.6% lower. The market width ended in favor of the decline as the forecast/decline ratio ended at 2: 3x. The Nifty has seen a slight separation of long positions during the day.
Before the options (expiring June 12, 2021), as the Bank Nifty was low, call options were seen onboard writing during strikes. India Vix Index .5 ended 4% lower at 14.5.
