– Index had gap up opening following global cues and witnessed selling throughout the day, closing at 24,148.20 down by -0.21%. – Resistance is positioned at 24,350, with crucial support at 23,900.
– Bank Nifty had a gap down opening and witnessed selling throughout the day, closing at 51,561.20, down by -0.68%. – Resistance is marked at 52,000, with vital support at 51,100.
Midcap and Smallcap
– The Nifty Midcap and Small cap had gap up opening and witnessed selling throughout the day, closing with losses of -1.33% and -1.70%, respectively. – Key support levels are 55,700 for Nifty Midcap 100 and 18,300 for Nifty Small cap 100.
Put Call Ratio (PCR)
– Nifty PCR stands at 0.69, Bank Nifty PCR at 0.64. – Significant activity in Nifty 24,450 Call and 23,900 Put, Bank Nifty 52,500 Call and 51,800 Put options.
Advance/Decline
– Advancing stocks were outnumbered by declining ones, with 698 advancing and 1,757 declining.
FII/DII Activity
– Domestic Institutional Investors (DIIs) were net buyers, injecting 1,748.44 crores. – Foreign Institutional Investors (FIIs) were net sellers, offloading -3,404.04 crores.
Sector Trends
Top Losers: Realty (-2.9%), Media (-2.1%), PSU Bank (-1.9%), PSE (-1.6%), Energy (-1.5%) and Commodity (-1.4%).