Daily Market Update

Market Recap

After a positive opening, Nifty traded range-bound between 24,060–24,160 for most of the session. However, buying interest in the final hour pushed the index higher, and it eventually settled near the day's high with a gain of 0.71 percent.

Sector Performance:

• Top Performers: IT, Realty

• Lagging Sectors: Banking and Financial Services

Institutional Activity:

• FIIs: Net sellers of ₹311.82 crore

• DIIs: Net buyers of ₹1,784.40 crore

FII Index Futures (Net Contracts):

• Nifty: 4,661

• Bank Nifty: -1,260

• Fin Nifty: 8

• Midcap Nifty: -244

• Nifty Next 50: -6

Options Market Insights:

• Significant Call side OI: 24,500 Call

• Significant Put side OI: 24,000 Put

• Put-Call Ratio (PCR): 1.33

• Max Pain: 24,100

• VWAP Range: 23,995 – 24,300

Sentiment:

Higher Put writing compared to Call writing → Bullish undertone