Market Recap
After a gap-down opening, Nifty traded range-bound between 23,235–23,375 during the first half of the session. As the day progressed, buying momentum emerged, pushing the index above 23,500, and it eventually settled positive with a gain of 0.43 percent.
📊 Sector Performance:
• Top Performers: IT, Consumer Durables
• Lagging Sectors: Pharma, Financial Services
💰 Institutional Activity:
• FIIs: Net sellers of ₹8,362.92 crore
• DIIs: Net buyers of ₹9,589.32 crore
📉 FII Index Futures (Net Contracts):
• Nifty: -7,619
• Bank Nifty: 814
• Fin Nifty: -42
• Midcap Nifty: -68
• Nifty Next 50: -1
🔍 Options Market Insights:
• Significant Call side OI: 24,000 Call
• Significant Put side OI: 23,300 Put
• Put-Call Ratio (PCR): 0.95
• Max Pain: 23,500
• VWAP Range: 23,320 – 23,690
Sentiment:
Slightly higher Put writing compared to Call writing → Mildly bullish undertone