Kal pe Nazar (23-August-2024)
📈 Market Recap: Nifty opened on a positive note, traded within a narrow range of 24,785-24,870, and closed with a gain of 0.17%. The Nifty Midcap 100 index outperformed the Nifty 50, ending with a gain of 0.69%.
📊 Sector Performance:
Top Performers: PSU Banks, Consumer Durables
Lagging Sectors: Energy, Media
🔍 Options Market Insights:
Open Interest: Concentration at the 25,000 Call and 24,500 Put.
Sentiment: Today's option chain analysis reveals more put writing compared to call writing, indicating a mildly bullish outlook.
📉 Trading Range:
VWAP Range: 24,680 to 24,965
Max Pain: 24,800
Put-Call Ratio (PCR): 1.319
💼 Institutional Activity:
FIIs: Net buyers with an activity totaling 1,371.79 crore
DIIs: Net buyers with an activity totaling 9,267.90 crore
📌 FPI Multi Index Futures Activity:
FINNIFTY FUTURES: 14
BANKNIFTY FUTURES: 10,770
MIDCPNIFTY FUTURES: 3,235
NIFTYNXT50 FUTURES: -59
NIFTY FUTURES: -6,859
📈 Market Recap: Nifty opened on a positive note, traded within a narrow range of 24,785-24,870, and closed with a gain of 0.17%. The Nifty Midcap 100 index outperformed the Nifty 50, ending with a gain of 0.69%.
📊 Sector Performance:
Top Performers: PSU Banks, Consumer Durables
Lagging Sectors: Energy, Media
🔍 Options Market Insights:
Open Interest: Concentration at the 25,000 Call and 24,500 Put.
Sentiment: Today's option chain analysis reveals more put writing compared to call writing, indicating a mildly bullish outlook.
📉 Trading Range:
VWAP Range: 24,680 to 24,965
Max Pain: 24,800
Put-Call Ratio (PCR): 1.319
💼 Institutional Activity:
FIIs: Net buyers with an activity totaling 1,371.79 crore
DIIs: Net buyers with an activity totaling 9,267.90 crore
📌 FPI Multi Index Futures Activity:
FINNIFTY FUTURES: 14
BANKNIFTY FUTURES: 10,770
MIDCPNIFTY FUTURES: 3,235
NIFTYNXT50 FUTURES: -59
NIFTY FUTURES: -6,859
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