Daily Market Update

Market Recap

27 Jul 2026, 01:35 AM By inStocks Research Desk

On Friday, after a gap-down opening, Nifty witnessed selling pressure, slipping below the 23,650 mark. Strong buying interest around the 23,600 level triggered a sharp recovery, following which the index traded in a narrow range. However, Nifty eventually settled negative with a loss of 0.43 percent.

Sector Performance:

• Top Performers: IT, Media

• Lagging Sectors: Auto, Metal

Institutional Activity:

• FIIs: Net sellers of ₹3,892.77 crore

• DIIs: Net buyers of ₹5,453.55 crore

FII Index Futures (Net Contracts):

• Nifty: -8,344

• Bank Nifty: +828

• Fin Nifty: -39

• Midcap Nifty: -211

• Nifty Next 50: +1

Options Market Insights:

• Significant Call side OI: 24,000 Call

• Significant Put side OI: 23,500 Put

• Put-Call Ratio (PCR): 0.83

• Max Pain: 23,900

• VWAP Range: 23,665 – 23,910

Sentiment:

Higher Put writing coupled with Call unwinding → Bullish undertone.