– Index had gap up opening following global cues and witnessed selling throughout the day, closing at 24,199.35 down by -1.16%. – Resistance is positioned at 24,000, with crucial support at 24,500.
– Bank Nifty had a gap down opening and witnessed selling throughout the day, closing at 51,916.50, down by -0.77%. – Resistance is marked at 52,300, with vital support at 51,500.
Midcap and Smallcap
– The Nifty Midcap and Small cap had gap up opening and witnessed selling throughout the day, closing with losses of -0.43% and -0.75%, respectively. – Key support levels are 55,700 for Nifty Midcap 100 and 18,400 for Nifty Small cap 100.
Put Call Ratio (PCR)
– Nifty PCR stands at 0.65, Bank Nifty PCR at 0.72. – Significant activity in Nifty 24,400 Call and 23,950 Put, Bank Nifty 52,500 Call and 51,500 Put options.
Advance/Decline
– Advancing stocks were outnumbered by declining ones, with 1,014 advancing and 1,445 declining.
FII/DII Activity
– Domestic Institutional Investors (DIIs) were net buyers, injecting 1,786.70 crores. – Foreign Institutional Investors (FIIs) were net sellers, offloading -4,888.77 crores.
Sector Trends
Top Losers: Metal (-2.7%), Commodity (-1.8%), Pharma (-1.7%), Energy (-1.4%), Realty (-1.4%) and Auto (-1.3%).