Daily Market Update

Market Recap

After a positive opening, Nifty traded with a negative bias for most of the session, gradually drifting lower. A brief recovery towards the close helped the index trim part of its intraday losses. The index eventually settled flat with a marginal gain of 0.04 percent, with the closing price determined at a higher level through the closing auction session (CAS) for F&O-eligible stocks.

Sector Performance:

• Top Performers: Metal, Auto

• Lagging Sectors: Media, Private Bank

Institutional Activity:

• FIIs: Net sellers of ₹943.42 crore

• DIIs: Net buyers of ₹2883.17 crore

FII Index Futures (Net Contracts):

• Nifty: -4,846

• Bank Nifty: -440

• Fin Nifty: +14

• Midcap Nifty: +142

• Nifty Next 50: 0

Options Market Insights:

• Significant Call side OI: 25,000 Call

• Significant Put side OI: 24,200 Put

• Put-Call Ratio (PCR): 0.72

• Max Pain: 24,550

• VWAP Range: 24,465 – 24,755