Market Recap
After a gap-down opening, Nifty gradually inched higher during the first half of the session. However, profit booking once again emerged around the 23,250 mark in the latter half, dragging the index lower, and it eventually settled negative with a loss of 1.04 percent.
📊 Sector Performance:
• Top Performers: Pharma, Healthcare
• Lagging Sectors: Metal, Realty
💰 Institutional Activity:
• FIIs: Net sellers of ₹5,555.67 crore
• DIIs: Net buyers of ₹5,165.24 crore
📉 FII Index Futures (Net Contracts):
• Nifty: -8,588
• Bank Nifty: -770
• Fin Nifty: -1
• Midcap Nifty: -562
• Nifty Next 50: 13
🔍 Options Market Insights:
• Significant Call side OI: 23,500 Call
• Significant Put side OI: 23,000 Put
• Put-Call Ratio (PCR): 0.64
• Max Pain: 23,200
• VWAP Range: 23,020 – 23,310
Sentiment:
Higher Call writing along with Put unwinding → Bearish undertone