However, markets could remain volatile ahead of February months expiry due on Thursday.The Nifty50 finally closed 28 points higher or 0.32 per cent at 8,907.85. However, there was plenty of action in the broader markets.The Nifty Midcap index closed 0.5 per cent higher at 16,440.35, led by gains in JSPL, JustDial, Voltas Indian Hotels , REC etc. Chandan Taparia , Associate Vice President, Analyst - Derivatives at Motilal Oswal Securities, explains.Byte 2 of TapariaThat's all for now. Do come back for our pre-market podcast tomorrow morning. Have a great evening ahead!

Source: Economic Times February 21, 2017 10:30 UTC