Daily Market Update

📈 Market Recap:

07 Apr 2026, 02:40 AM By InStocks Research Desk

After a positive opening, Nifty faced immediate selling pressure and traded with a negative bias in the initial phase. As the session progressed, buying interest around the 22,550 mark triggered a sharp recovery, and the index eventually settled positive with a gain of 1.12 percent.

📊 Sector Performance:

• Top Performers: Consumer Durables, Financial Services

• Lagging Sectors: Oil & Gas, Media

💰 Institutional Activity:

• FIIs: Net sellers of ₹8,167.17 crore

• DIIs: Net buyers of ₹8,088.70 crore

📉 FII Index Futures (Net Contracts):

• Nifty: -2,209

• Bank Nifty: 1,448

• Fin Nifty: 45

• Midcap Nifty: 178

• Nifty Next 50: 96

🔍 Options Market Insights:

• Significant Call side OI: 23,500 Call

• Significant Put side OI: 22,500 Put

• Put-Call Ratio (PCR): 1.43

• Max Pain: 23,000

• VWAP Range: 22,735 – 23,110

Sentiment:

Higher Put writing compared to Call writing → Bullish undertone