Market Recap
After a gap-down opening, Nifty witnessed buying interest in the first half, which pushed the index above the 23,300 mark. However, profit booking in the second half erased most of the intraday gains, and the index eventually settled negative with a loss of 0.23 percent.
📊 Sector Performance:
• Top Performers: Pharma, Media
• Lagging Sectors: IT, Chemicals
💰 Institutional Activity:
• FIIs: Net sellers of ₹1,987.09 crore
• DIIs: Net buyers of ₹4,224.51 crore
📉 FII Index Futures (Net Contracts):
• Nifty: 3,333
• Bank Nifty: 1,554
• Fin Nifty: 12
• Midcap Nifty: 182
• Nifty Next 50: -85
🔍 Options Market Insights:
• Significant Call side OI: 23,500 Call
• Significant Put side OI: 23,000 Put
• Put-Call Ratio (PCR): 0.92
• Max Pain: 23,200
• VWAP Range: 23,045 – 23,365
Sentiment:
Higher Put writing compared to Call writing → Mildly bullish undertone