Market Recap
After a gap-up opening, Nifty witnessed a range-bound trading session, oscillating between 24,080–24,170 throughout the day. Despite limited intraday movement, the index maintained its positive bias and eventually settled positive with a gain of 0.37 percent.
Sector Performance:
• Top Performers: Pharma, Media
• Lagging Sectors: FMCG, Consumer Durables
Institutional Activity:
• FIIs: Net sellers of ₹635.91 crore
• DIIs: Net buyers of ₹1,035.72 crore
FII Index Futures (Net Contracts):
• Nifty: 2,215
• Bank Nifty: 270
• Fin Nifty: -5
• Midcap Nifty: 1,111
• Nifty Next 50: 48
Options Market Insights:
• Significant Call side OI: 24,200 Call
• Significant Put side OI: 24,000 Put
• Put-Call Ratio (PCR): 0.87
• Max Pain: 24,100
• VWAP Range: 23,970 – 24,245
Sentiment:
Higher Put writing compared to Call writing → Bullish undertone