Daily Market Update

📈 Market Recap

17 Mar 2026, 03:07 AM By InStocks Research Desk

After a flat opening, Nifty witnessed a volatile trading session and oscillated between 22,950–23,300 for most of the day. However, sharp buying momentum towards the closing pushed the index higher up to the 23,500 mark, eventually settling positive with a gain of 1.11 percent.

📊 Sector Performance:

• Top Performers: Auto, Financial Services

• Lagging Sectors: Oil & Gas, Realty

💰 Institutional Activity:

• FIIs: Net sellers of ₹9,365.52 crore

• DIIs: Net buyers of ₹12,593.36 crore

📉 FII Index Futures (Net Contracts):

• Nifty: 11,337

• Bank Nifty: 525

• Fin Nifty: 76

• Midcap Nifty: -88

• Nifty Next 50: -79

🔍 Options Market Insights:

• Significant Call side OI: 23,500 Call

• Significant Put side OI: 23,000 Put

• Put-Call Ratio (PCR): 1.02

• Max Pain: 23,400

• VWAP Range: 23,195 – 23,505

Sentiment:

Higher Put writing along with Call unwinding →  Bullish sentiment