Daily Market Update

Market Recap

19 May 2026, 02:22 AM By InStocks Research Desk

After a gap-down opening, Nifty witnessed selling pressure in the first hour of trade. However, buying interest around 23,320 led to a gradual recovery, and the index eventually settled flat with a marginal gain of 0.03 percent.

The Nifty Midcap 100 index underperformed, closing negative with a loss of 0.15 percent.

📊 Sector Performance:

• Top Performers: IT, Pharma

• Lagging Sectors: Media, PSU Bank

💰 Institutional Activity:

• FIIs: Net buyers of ₹2,813.69 crore

• DIIs: Net buyers of ₹2,682.12 crore

📉 FII Index Futures (Net Contracts):

• Nifty: 7,851

• Bank Nifty: -827

• Fin Nifty: 24

• Midcap Nifty: -327

• Nifty Next 50: -80

🔍 Options Market Insights:

• Significant Call side OI: 24,000 Call

• Significant Put side OI: 23,400 Put

• Put-Call Ratio (PCR): 1.34

• Max Pain: 23,600

• VWAP Range: 23,460 – 23,765

Sentiment:

Higher Put writing along with Call unwinding → Bullish undertone