Daily Market Update

📈 Market Recap

29 Apr 2026, 02:38 AM By InStocks Research Desk

After a flat opening, buying momentum pushed the index higher in the first hour. However, profit booking around 24,180 dragged the index lower for most of the session, and Nifty eventually settled negative with a loss of 0.40 percent.

📊 Sector Performance:

• Top Performers: Oil & Gas, Chemicals

• Lagging Sectors: Banking, Auto

💰 Institutional Activity:

• FIIs: Net sellers of ₹2,103.74 crore

• DIIs: Net buyers of ₹1,712.01 crore

📉 FII Index Futures (Net Contracts):

• Nifty: -15,687

• Bank Nifty: -3,007

• Fin Nifty: -40

• Midcap Nifty: -654

• Nifty Next 50: -31

🔍 Options Market Insights:

• Significant Call side OI: 24,500 Call

• Significant Put side OI: 24,000 Put

• Put-Call Ratio (PCR): 0.79

• Max Pain: 24,100

• VWAP Range: 23,800 – 24,250

Sentiment:

Higher Call writing compared to Put writing → Cautious undertone