Daily Market Update

Market Recap

29 Jun 2026, 01:37 AM By inStocks Research Desk

After a gap-up opening, Nifty witnessed strong buying momentum, which pushed the index above the 24,250 mark. However, profit booking at higher levels erased most of the intraday gains, dragging the index below 24,100. The index eventually settled near the day's low with a small gain of 0.14 percent.

Sector Performance:

• Top Performers: Auto, FMCG

• Lagging Sectors: Metal, Oil & Gas

Institutional Activity:

• FIIs: Net buyers of ₹383.76 crore

• DIIs: Net buyers of ₹5,747.75 crore

FII Index Futures (Net Contracts):

• Nifty: 4,668

• Bank Nifty: 59

• Fin Nifty: -1

• Midcap Nifty: 515

• Nifty Next 50: 3

Options Market Insights:

• Significant Call side OI: 24,500 Call

• Significant Put side OI: 24,000 Put

• Put-Call Ratio (PCR): 1.02

• Max Pain: 24,100

• VWAP Range: 23,945 – 24,215

Sentiment:

Higher Call writing along with Put unwinding → Cautious undertone