Daily Market Update

📈 Market Recap

09 Apr 2026, 03:16 AM By InStocks Research Desk

After a gap-up opening, Nifty traded range-bound between 23,830 and 24,030 throughout the session and eventually settled with a strong gain of 3.78 percent.

The Nifty Midcap 100 index outperformed, closing with a substantial gain of 4.03 percent.

📊 Sector Performance:

• Top Performers: Auto, Realty

• Lagging Sectors: IT, Pharma

💰 Institutional Activity:

• FIIs: Net sellers of ₹2,811.97 crore

• DIIs: Net buyers of ₹4,168.17 crore

📉 FII Index Futures (Net Contracts):

• Nifty: 22,654

• Bank Nifty: 8,467

• Fin Nifty: -9

• Midcap Nifty: 909

• Nifty Next 50: 14

🔍 Options Market Insights:

• Significant Call side OI: 24,500 Call

• Significant Put side OI: 23,500 Put

• Put-Call Ratio (PCR): 1.20

• Max Pain: 23,900

• VWAP Range: 23,765 – 24,205

Sentiment:

Higher Put writing compared to Call writing → Bullish undertone