Market Recap
After a gap-up opening, Nifty witnessed selling pressure in the initial phase, dragging the index towards the 23,100 mark. However, buying interest at lower levels triggered a sharp rebound, and the index eventually settled positive with a gain of 0.52 percent.
📊 Sector Performance:
• Top Performers: Banking, Realty
• Lagging Sectors: IT, Media
💰 Institutional Activity:
• FIIs: Net sellers of ₹4,566.03 crore
• DIIs: Net buyers of ₹6,159.48 crore
📉 FII Index Futures (Net Contracts):
• Nifty: -6,035
• Bank Nifty: 6,865
• Fin Nifty: 14
• Midcap Nifty: -232
• Nifty Next 50: 1
🔍 Options Market Insights:
• Significant Call side OI: 23,500 Call
• Significant Put side OI: 23,200 Put
• Put-Call Ratio (PCR): 1.06
• Max Pain: 23,300
• VWAP Range: 23,070 – 23,420
Sentiment:
Higher Put writing compared to Call writing → Mildly bullish undertone