Daily Market Update

Market Recap

02 Jul 2026, 01:38 AM By inStocks Research Desk

After a positive opening, Nifty inched higher during the first half, crossing the 24,000 mark. In the latter half, the index traded range-bound between 23,980–24,050 and eventually settled positive with a gain of 0.59 percent.

Sector Performance:

• Top Performers: FMCG, Realty

• Lagging Sectors: IT, Metal

Institutional Activity:

• FIIs: Net sellers of ₹1,140.50 crore

• DIIs: Net buyers of ₹3,159.24 crore

FII Index Futures (Net Contracts):

• Nifty: -2,775

• Bank Nifty: -1,301

• Fin Nifty: 30

• Midcap Nifty: 398

• Nifty Next 50: -1

Options Market Insights:

• Significant Call side OI: 24,000 Call

• Significant Put side OI: 24,000 Put

• Put-Call Ratio (PCR): 1.11

• Max Pain: 24,000

• VWAP Range: 23,855 – 24,170

Sentiment:

Higher Put writing compared to Call writing → Bullish undertone