Daily Market Update

Market Recap

22 May 2026, 01:34 AM By InStocks Research Desk

After a gap-up opening, Nifty witnessed profit booking around the 23,850 mark, which gradually dragged the index lower for most of the session. The index eventually settled flat with a marginal loss of 0.02 percent.

📊 Sector Performance:

• Top Performers: Cement, Realty

• Lagging Sectors: FMCG, IT

💰 Institutional Activity:

• FIIs: Net sellers of ₹1,891.21 crore

• DIIs: Net buyers of ₹2,492.42 crore

📉 FII Index Futures (Net Contracts):

• Nifty: -8,037

• Bank Nifty: -454

• Fin Nifty: -46

• Midcap Nifty: -154

• Nifty Next 50: 21

🔍 Options Market Insights:

• Significant Call side OI: 24,000 Call

• Significant Put side OI: 23,500 Put

• Put-Call Ratio (PCR): 0.94

• Max Pain: 23,700

• VWAP Range: 23,515 – 23,870

Sentiment:

Higher Call writing compared to Put writing → Cautious undertone