Daily Market Update

Market Recap

24 Jun 2026, 01:17 AM By inStocks Research Desk

After a flat opening, Nifty initially inched higher but faced profit booking around the 24,135 mark. As the day progressed, sharp selling pressure emerged, dragging the index towards the 23,800 level, and it eventually settled near the day's low with a sharp loss of 1.16 percent.

Sector Performance:

• Top Performers: Pharma, Healthcare

• Lagging Sectors: Metal, IT

Institutional Activity:

• FIIs: Net buyers of ₹17.86 crore

• DIIs: Net buyers of ₹680.21 crore

FII Index Futures (Net Contracts):

• Nifty: -3,566

• Bank Nifty: -2,282

• Fin Nifty: 32

• Midcap Nifty: 36

• Nifty Next 50: 3

Options Market Insights:

• Significant Call side OI: 24,000 Call

• Significant Put side OI: 24,000 Put

• Put-Call Ratio (PCR): 0.78

• Max Pain: 24,000

• VWAP Range: 23,700 – 24,030

Sentiment:

Higher Call writing compared to Put writing → Bearish undertone