Markets were heavily closed; IT stocks performed better

Markets saw a positive trading day as bank buying was seen throughout the day, with the Bank Nifty index surpassing the Nifty index 1 0.1%. Both codes were completed in green.

The Nifty ID Index is one of the best performings with 3% higher closing, adding new long positions with shares such as TCS, HCL Tech, Wipro, and Infosys.

The Nifty Midcap 100 index fell 0.2%.

The market width ended in favor of the decline as the forecast/decline ratio ended at 2: 3x. The Nifty and the Bank Nifty added new lengths during the day.

Before the options (expiring June 24, 2021), the Nifty was at a high level, with the board writing throughout the Option Strikes. India Wicks Index ended 1% lower at 15.1.

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