Kal pe Nazar (06-August-2024)
📈 Market Recap: After a gap-down opening, Nifty faced selling pressure and remained weak throughout the session, closing near the day's low with a loss of 1.17%. The Nifty Midcap 100 index underperformed, closing with a significant loss of 3.55%.
📊 Sector Performance:
Top Performers: FMCG, Pharma
Lagging Sectors: Metals, Media
🔍 Options Market Insights:
Open Interest: Notable concentration at the 24500 Call and 24000 Put.
Sentiment: Higher amount of call writing compared to put writing, indicating a bearish outlook.
📉 Trading Range:
VWAP Range: 23825 to 24260
Max Pain: 24300
Put-Call Ratio (PCR): 0.457
💼 Institutional Activity:
FIIs: Net sellers with an activity totaling 10073.75 crore
DIIs: Net buyers with an activity totaling 9155.55 crore
📌 FPI Multi Index Futures Activity:
FINNIFTY FUTURES: 80
BANKNIFTY FUTURES: -20863
MIDCPNIFTY FUTURES: -865
NIFTYNXT50 FUTURES: -48
NIFTY FUTURES: -13228
📈 Market Recap: After a gap-down opening, Nifty faced selling pressure and remained weak throughout the session, closing near the day's low with a loss of 1.17%. The Nifty Midcap 100 index underperformed, closing with a significant loss of 3.55%.
📊 Sector Performance:
Top Performers: FMCG, Pharma
Lagging Sectors: Metals, Media
🔍 Options Market Insights:
Open Interest: Notable concentration at the 24500 Call and 24000 Put.
Sentiment: Higher amount of call writing compared to put writing, indicating a bearish outlook.
📉 Trading Range:
VWAP Range: 23825 to 24260
Max Pain: 24300
Put-Call Ratio (PCR): 0.457
💼 Institutional Activity:
FIIs: Net sellers with an activity totaling 10073.75 crore
DIIs: Net buyers with an activity totaling 9155.55 crore
📌 FPI Multi Index Futures Activity:
FINNIFTY FUTURES: 80
BANKNIFTY FUTURES: -20863
MIDCPNIFTY FUTURES: -865
NIFTYNXT50 FUTURES: -48
NIFTY FUTURES: -13228
