Daily Market Update

Market Recap

07 Jul 2026, 01:26 AM By inStocks Research Desk

After a positive opening, Nifty witnessed buying momentum in the first half, pushing the index above the 24,400 mark. Thereafter, the index traded range-bound between 24,380–24,460 and eventually settled positive with a gain of 0.66 percent.

Sector Performance:

• Top Performers: Consumer Durables, Realty

• Lagging Sectors: PSU Bank, Media

Institutional Activity:

• FIIs: Net buyers of ₹243.03 crore

• DIIs: Net buyers of ₹3,791.42 crore

FII Index Futures (Net Contracts):

• Nifty: 7,739

• Bank Nifty: 1,796

• Fin Nifty: 5

• Midcap Nifty: -47

• Nifty Next 50: -5

Options Market Insights:

• Significant Call side OI: 24,500 Call

• Significant Put side OI: 24,000 Put

• Put-Call Ratio (PCR): 1.50

• Max Pain: 24,400

• VWAP Range: 24,330 – 24,530

Sentiment:

Higher Put writing along with Call unwinding → Bullish undertone