Daily Market Update

Market Recap

16 Jun 2026, 01:08 AM By InStocks Research Desk

After a gap-up opening, Nifty witnessed profit booking around the 24,000 mark. Thereafter, the index consolidated at higher levels for the remainder of the session and eventually settled positive with a gain of 0.98 percent.

📊 Sector Performance:

• Top Performers: Consumer Durables, Realty

• Lagging Sectors: Pharma, Healthcare

💰 Institutional Activity:

• FIIs: Net buyers of ₹200.05 crore

• DIIs: Net buyers of ₹3,189.26 crore

📉 FII Index Futures (Net Contracts):

• Nifty: 5,070

• Bank Nifty: -3,583

• Fin Nifty: 26

• Midcap Nifty: 864

• Nifty Next 50: 5

🔍 Options Market Insights:

• Significant Call side OI: 24,000 Call

• Significant Put side OI: 23,500 Put

• Put-Call Ratio (PCR): 0.95

• Max Pain: 23,800

• VWAP Range: 23,750 – 24,010

Sentiment:

Higher Call writing along with Put unwinding → Cautious undertone