Market Recap
After a gap-up opening, Nifty traded range-bound between 23,320–23,450 during the first half of the session. As the day progressed, the index rebounded from its intraday low, and aggressive buying momentum pushed it above the 23,600 mark. Nifty eventually settled positive with a sharp gain of 1.99 percent.
📊 Sector Performance:
• Top Performers: Financial Services, Realty
• Lagging Sectors: IT, Pharma
💰 Institutional Activity:
• FIIs: Net sellers of ₹1,082.18 crore
• DIIs: Net buyers of ₹5,341.29 crore
📉 FII Index Futures (Net Contracts):
• Nifty: 21,324
• Bank Nifty: 2,158
• Fin Nifty: 28
• Midcap Nifty: -142
• Nifty Next 50: -8
🔍 Options Market Insights:
• Significant Call side OI: 24,000 Call
• Significant Put side OI: 23,400 Put
• Put-Call Ratio (PCR): 1.74
• Max Pain: 23,500
• VWAP Range: 23,440 – 23,700
Sentiment:
Higher Put writing along with Call unwinding → Bullish undertone