Daily Market Update

Market Recap

03 Aug 2026, 01:54 AM By inStocks Research Desk

After a positive opening, Nifty slipped initially but bounced back from the 24,300 level. The index gradually inched higher during the session and crossed the 24,400 mark. Despite profit booking around the 24,430 level, Nifty eventually settled positive with a gain of 0.27 percent.

Sector Performance:

• Top Performers: Auto, Media

• Lagging Sectors: IT, FMCG

Institutional Activity:

• FIIs: Net buyers of ₹277.48 crore

• DIIs: Net buyers of ₹2,260.37 crore

FII Index Futures (Net Contracts):

• Nifty: +13,129

• Bank Nifty: +439

• Fin Nifty: +8

• Midcap Nifty: -63

• Nifty Next 50: -14

Options Market Insights:

• Significant Call side OI: 24,600 Call

• Significant Put side OI: 24,000 Put

• Put-Call Ratio (PCR): 1.49

• Max Pain: 24,350

• VWAP Range: 24,230 – 24,485

Sentiment:

Higher Put writing compared to Call writing → Bullish undertone.