Daily Market Update

Market Recap

21 Jul 2026, 02:02 AM By inStocks Research Desk

After a gap-down opening, Nifty remained mostly range-bound between 24,135–24,265 throughout the session and eventually settled negative with a loss of 0.39 percent.

The Nifty Midcap 100 index outperformed the Nifty 50, closing positive with a gain of 0.60 percent.

Sector Performance:

• Top Performers: PSU Bank, Pharma

• Lagging Sectors: Private Bank, Financial Services

Institutional Activity:

• FIIs: Net sellers of ₹1,121.04 crore

• DIIs: Net buyers of ₹1,312.03 crore

FII Index Futures (Net Contracts):

• Nifty: 3,690

• Bank Nifty: -6,914

• Fin Nifty: 26

• Midcap Nifty: -97

• Nifty Next 50: 0

Options Market Insights:

• Significant Call side OI: 24,500 Call

• Significant Put side OI: 24,200 Put

• Put-Call Ratio (PCR): 1.38

• Max Pain: 24,200

• VWAP Range: 24,110 – 24,350

Sentiment:

Higher Call writing along with Put unwinding → Cautious undertone.