Market Recap
After a flat opening, Nifty gradually inched higher during the first half of the session. However, profit booking around the 23,835 mark in the latter half dragged the index lower towards 23,700, and it eventually settled positive with a gain of 0.27 percent.
.📊 Sector Performance:
• Top Performers: Banking, Financial Services
• Lagging Sectors: Healthcare, Media
💰 Institutional Activity:
• FIIs: Net sellers of ₹4,440.47 crore
• DIIs: Net buyers of ₹6,003.53 crore
📉 FII Index Futures (Net Contracts):
• Nifty: 804
• Bank Nifty: 5,101
• Fin Nifty: -1
• Midcap Nifty: 256
• Nifty Next 50: 38
🔍 Options Market Insights:
• Significant Call side OI: 24,000 Call
• Significant Put side OI: 23,500 Put
• Put-Call Ratio (PCR): 1.02
• Max Pain: 23,800
• VWAP Range: 23,580 – 23,940
Sentiment:
Higher Call unwinding compared to Put unwinding → Mildly bullish undertone