Daily Market Update

Market Recap

After a flat opening, Nifty came under selling pressure and slipped below the 24,300 mark in the first half. However, buying interest at lower levels triggered a sharp recovery, though the index eventually settled negative with a marginal loss of 0.15 percent.

The Nifty Midcap 100 index outperformed the Nifty 50, closing positive with a gain of 0.28 percent.

Sector Performance:

• Top Performers: PSU Bank, Media

• Lagging Sectors: IT, FMCG

Institutional Activity:

• FIIs: Net sellers of ₹1,002.50 crore

• DIIs: Net buyers of ₹5,841.66 crore

FII Index Futures (Net Contracts):

• Nifty: -12,466

• Bank Nifty: +3,228

• Fin Nifty: -12

• Midcap Nifty: +212

• Nifty Next 50: 0

Options Market Insights:

• Significant Call side OI: 24,500 Call

• Significant Put side OI: 24,000 Put

• Put-Call Ratio (PCR): 0.75

• Max Pain: 24,400

• VWAP Range: 24,275 – 24,595