📈 Market Recap
After a negative opening, Nifty gradually drifted lower throughout the session and eventually settled near the day’s low with a steep loss of 1.84 percent.
The Nifty Midcap 100 index underperformed, closing negative with a significant loss of 2.54 percent.
📊 Sector Performance:
• Top Performers: Metal, Oil & Gas
• Lagging Sectors: IT, Realty
💰 Institutional Activity:
• FIIs: Net sellers of ₹1,959.39 crore
• DIIs: Net buyers of ₹7,990.32 crore
📉 FII Index Futures (Net Contracts):
• Nifty: -14,068
• Bank Nifty: -1,340
• Fin Nifty: 0
• Midcap Nifty: -698
• Nifty Next 50: -69
🔍 Options Market Insights:
• Significant Call side OI: 23,500 Call
• Significant Put side OI: 23,000 Put
• Put-Call Ratio (PCR): 0.71
• Max Pain: 23,650
• VWAP Range: 23,280 – 23,755
Sentiment:
Higher Call writing compared to Put writing → Bearish undertone