Market Recap
After a gap-down opening, Nifty witnessed buying momentum, which helped the index recover from its intraday lows. The index eventually settled flat with a marginal gain of 0.02 percent.
The Nifty Midcap 100 index traded largely in line with the Nifty, closing marginally positive with a gain of 0.01 percent.
Sector Performance:
• Top Performers: IT, Media
• Lagging Sectors: FMCG, Cement
Institutional Activity:
• FIIs: Net sellers of ₹3,062.27 crore
• DIIs: Net buyers of ₹2,171.70 crore
FII Index Futures (Net Contracts):
• Nifty: 555
• Bank Nifty: -1,058
• Fin Nifty: 4
• Midcap Nifty: 98
• Nifty Next 50: -1
Options Market Insights:
• Significant Call side OI: 24,500 Call
• Significant Put side OI: 24,000 Put
• Put-Call Ratio (PCR): 1.62
• Max Pain: 24,200
• VWAP Range: 24,095 – 24,305
Sentiment:
Higher Put writing along with Call unwinding → Bullish undertone