Daily Market Update

Market Recap

28 May 2026, 01:52 AM By InStocks Research Desk

After a flat opening, Nifty witnessed a range-bound session, oscillating between 23,860–23,980 throughout the day, and eventually settled flat with a marginal loss of 0.03 percent.

The Nifty Midcap 100 index outperformed, closing positive with a gain of 0.42 percent.

📊 Sector Performance:

• Top Performers: Metal, Media

• Lagging Sectors: Banking, Financial Services

💰 Institutional Activity:

• FIIs: Net sellers of ₹1,042.70 crore

• DIIs: Net buyers of ₹3,821.00 crore

📉 FII Index Futures (Net Contracts):

• Nifty: -8,682

• Bank Nifty: -1,811

• Fin Nifty: 1

• Midcap Nifty: 344

• Nifty Next 50: 1

🔍 Options Market Insights:

• Significant Call side OI: 24,000 Call

• Significant Put side OI: 23,900 Put

• Put-Call Ratio (PCR): 0.86

• Max Pain: 23,950

• VWAP Range: 23,760 – 24,080

Sentiment:

Higher Call writing compared to Put writing → Cautious undertone