Daily Market Update

Market Recap

21 May 2026, 01:43 AM By InStocks Research Desk

After a gap-down opening, Nifty gradually inched higher throughout the session and eventually settled near the day’s high with a gain of 0.17 percent.

The Nifty Midcap 100 index outperformed, closing positive with a gain of 0.49 percent.

📊 Sector Performance:

• Top Performers: Oil & Gas, Auto

• Lagging Sectors: FMCG, Media

💰 Institutional Activity:

• FIIs: Net sellers of ₹1,597.35 crore

• DIIs: Net buyers of ₹1,968.35 crore

📉 FII Index Futures (Net Contracts):

• Nifty: -5,303

• Bank Nifty: -1,046

• Fin Nifty: 0

• Midcap Nifty: 77

• Nifty Next 50: 32

🔍 Options Market Insights:

• Significant Call side OI: 24,000 Call

• Significant Put side OI: 23,500 Put

• Put-Call Ratio (PCR): 1.27

• Max Pain: 23,750

• VWAP Range: 23,375 – 23,865

Sentiment:

Higher Put writing compared to Call writing → Bullish undertone