Daily Market Update

📈 Market Recap

18 May 2026, 01:52 AM By InStocks Research Desk

After a positive opening, Nifty witnessed selling pressure at higher levels and gradually drifted lower throughout the session. The index eventually settled near the day’s low with a loss of 0.19 percent.

The Nifty Midcap 100 index underperformed, closing negative with a loss of 0.45 percent.

📊 Sector Performance:

• Top Performers: IT, Media

• Lagging Sectors: Metal, PSU Bank

💰 Institutional Activity:

• FIIs: Net buyers of ₹1,329.17 crore

• DIIs: Net sellers of ₹1,958.82 crore

📉 FII Index Futures (Net Contracts):

• Nifty: 9,210

• Bank Nifty: 752

• Fin Nifty: -19

• Midcap Nifty: -859

• Nifty Next 50: 20

🔍 Options Market Insights:

• Significant Call side OI: 24,000 Call

• Significant Put side OI: 23,500 Put

• Put-Call Ratio (PCR): 0.93

• Max Pain: 23,700

• VWAP Range: 23,545 – 23,880

Sentiment:

Higher Call writing compared to Put writing → Cautious undertone