Daily Market Update

Market Recap

After a positive opening, Nifty witnessed a range-bound trading session, oscillating between 24,000–24,100 throughout the day. Despite limited intraday movement, the index maintained its positive bias and eventually settled with a gain of 0.40 percent.

 Sector Performance:

•⁠  ⁠Top Performers: PSU Bank, Consumer Durables

•⁠  ⁠Lagging Sectors: Auto, Realty

 Institutional Activity:

•⁠  ⁠FIIs: Net buyers of ₹101.59 crore

•⁠  ⁠DIIs: Net buyers of ₹1,561.40 crore

FII Index Futures (Net Contracts):

•⁠  ⁠Nifty: 6,305

•⁠  ⁠Bank Nifty: -1,855

•⁠  ⁠Fin Nifty: -10

•⁠  ⁠Midcap Nifty: 478

•⁠  ⁠Nifty Next 50: -6

Options Market Insights:

•⁠  ⁠Significant Call side OI: 24,500 Call

•⁠  ⁠Significant Put side OI: 24,000 Put

•⁠  ⁠Put-Call Ratio (PCR): 1.07

•⁠  ⁠Max Pain: 24,000

•⁠  ⁠VWAP Range: 23,850 – 24,180

Sentiment:

Higher Put writing compared to Call writing → Bullish undertone