Daily Market Update

Market Recap

04 Aug 2026, 01:50 AM By inStocks Research Desk

After a gap-up opening, Nifty witnessed a range-bound trading session, oscillating between the 24,515 and 24,610 levels throughout the day. The index eventually settled positive with a sharp gain of 1.60 percent after the first closing auction session (CAS) for F&O-eligible stocks.

Sector Performance:

• Top Performers: IT, Cement

• Lagging Sectors: Media, Healthcare

Institutional Activity:

• FIIs: Net buyers of ₹922.26 crore

• DIIs: Net buyers of ₹1,571.18 crore

FII Index Futures (Net Contracts):

• Nifty: +18,970

• Bank Nifty: +3,188

• Fin Nifty: -8

• Midcap Nifty: +148

• Nifty Next 50: -1

Options Market Insights:

• Significant Call side OI: 24,600 Call

• Significant Put side OI: 24,500 Put

• Put-Call Ratio (PCR): 1.57

• Max Pain: 24,550

• VWAP Range: 24,465 – 24,655

Sentiment:

Higher Put writing compared to Call writing → Bullish undertone.