Market insights!!
📈 Market Recap:
After a gap-down opening, Nifty attempted a gradual recovery for most of the session. However, profit booking near the 23,830 zone capped the upside and dragged the index lower later in the session, eventually settling negative with a loss of 0.95 percent.
📊 Sector Performance:
• Top Performers: Oil & Gas, Chemical
• Lagging Sectors: Auto, FMCG
💰 Institutional Activity:
• FIIs: Net sellers of ₹7,049.87 crore
• DIIs: Net buyers of ₹7,449.77 crore
📉 FII Index Futures (Net Contracts):
• Nifty: -18,511
• Bank Nifty: -857
• Fin Nifty: -3
• Midcap Nifty: -619
• Nifty Next 50: -36
🔍 Options Market Insights:
• Significant Call side OI: 24,000 Call
• Significant Put side OI: 23,500 Put
• Put-Call Ratio (PCR): 0.70
• Max Pain: 23,900
• VWAP Range: 23,370 – 23,975
Sentiment:
Higher Put writing compared to Call writing → Cautious undertone
