Daily Market Update

Market Recap

24 Mar 2026, 01:52 AM By InStocks Research Desk

After a gap-down opening, Nifty faced selling pressure in the initial phase, dragging the index below the 22,600 mark in the first hour. Thereafter, it oscillated between 22,470–22,660 for the rest of the session and eventually settled negative with a sharp loss of 2.60 percent.

Sector Performance:

• Top Performers: IT, Healthcare

• Lagging Sectors: Consumer Durables, Metal

Institutional Activity:

• FIIs: Net sellers of ₹10,414.23 crore

• DIIs: Net buyers of ₹12,033.97 crore

FII Index Futures (Net Contracts):

• Nifty: -8,839

• Bank Nifty: -2,216

• Fin Nifty: -10

• Midcap Nifty: 1,622

• Nifty Next 50: -10

Options Market Insights:

• Significant Call side OI: 23,000 Call

• Significant Put side OI: 22,000 Put

• Put-Call Ratio (PCR): 0.70

• Max Pain: 22,750

• VWAP Range: 22,300 – 22,745

Sentiment:

Higher Call writing compared to Put writing → Cautious undertone