📈 Market Recap:
After a positive opening, Nifty witnessed positive momentum and moved higher in the initial phase. However, profit booking around the 23,345 mark dragged the index lower towards 23,100, before it eventually settled positive with a gain of 0.49 percent.
📊 Sector Performance:
• Top Performers: IT, PSU Bank
• Lagging Sectors: Financial Services, Realty
💰 Institutional Activity:
• FIIs: Net sellers of ₹5,518.39 crore
• DIIs: Net buyers of ₹5,706.23 crore
📉 FII Index Futures (Net Contracts):
• Nifty: -7,187
• Bank Nifty: 1,225
• Fin Nifty: 35
• Midcap Nifty: 380
• Nifty Next 50: -9
🔍 Options Market Insights:
• Significant Call side OI: 23,500 Call
• Significant Put side OI: 23,000 Put
• Put-Call Ratio (PCR): 0.79
• Max Pain: 23,250
• VWAP Range: 22,895 – 23,455
Sentiment:
Higher Put writing compared to Call writing → Mildly bullish undertone
