Markets end higher; HDFC twins outperform

Bombay Stock Exchange

Markets traded with a positive bias amid high volatility today as major heavyweights posted a strong recovery in the closing hour of  trade.

Both Nifty and Bank Nifty indices posted ~0.5% higher, with HDFC twins being the top outperformers.

The Nifty Midcap100 index marginally outperformed the benchmark index by 0.1%, closing ~0.65% higher.

The market breadth ended in favour of advances with the advance/decline ratio closing at 1:1x

On the options front (January 9, 2019 expiry), across-the-board option writing was witnessed in both call and put option strikes as the indices traded in a narrow band.

India Vix index closed flat at 14.55 level.

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