Daily Market Update

Market Recap

28 Jul 2026, 02:06 AM By inStocks Research Desk

On Monday, after a gap-up opening, Nifty extended its gains gradually throughout the session and eventually settled positive with a gain of 0.96 percent. The Nifty Midcap 100 index outperformed the Nifty 50, closing positive with a gain of 1.11 percent.

Sector Performance:

• Top Performers: IT, Media

• Lagging Sectors: Oil & Gas, PSU Bank

Institutional Activity:

• FIIs: Net sellers of ₹1,688.23 crore

• DIIs: Net buyers of ₹2,329.14 crore

FII Index Futures (Net Contracts):

• Nifty: +2,388

• Bank Nifty: +1,375

• Fin Nifty: -7

• Midcap Nifty: +216

• Nifty Next 50: -50

Options Market Insights:

• Significant Call side OI: 24,200 Call

• Significant Put side OI: 24,000 Put

• Put-Call Ratio (PCR): 1.12

• Max Pain: 24,000

• VWAP Range: 23,920 – 24,060

Sentiment:

Higher Put writing coupled with Call unwinding → Bullish undertone.