QUANT SECTION: 21st JULY 2026
Market breadth remains stable despite the recent consolidation
▪️ FUTURES
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• Gift Nifty: 24,162, down 107 pts vs Nifty Fut close of 24,269
• Dow Future: 52,091, up 18 points
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▪️ FUND FLOWS (RS CR)
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Cash Market
• FII's: -1121
• DII's: +1312
FII's in F&O
• Index Futures: -631.78 Cr (-3.3k lots)
• Nifty: +582.50 Cr (3.7k lots of buying)
• Bank Nifty: -1,201.29 Cr (6.9k lots of selling)
• Index Options: -9,944.49 Cr
• Stock Futures: +445.98 Cr (158 lots of buying)
• Stock Options: +230.79 Cr
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▪️ LEVELS
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• Nifty CMP: 24,239 (20 EMA: 24,084 / 252 EMA: 24,465)
• Bank Nifty CMP: 57,945 (20 EMA: 57,582 / 252 EMA: 56,175)
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▪️ F&O STOCKS IN BAN
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• Stocks in ban – KAYNES
• New addition in ban – Nil
• Stocks exit from ban – Nil
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▪️ TOP GAINERS (NIFTY 500)
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• PNB (112) (+5.7%)
• TORNTPHARM (5,005) (+5.1%)
• JSWENERGY (568) (+4.9%)
• SCHNEIDER (1,341) (+4.9%)
• GABRIEL (1,398) (+4.6%)
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▪️ TOP LOSERS (NIFTY 500)
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• MAPMYINDIA (1,097) (-6.5%)
• AXISBANK (1,256) (-5.5%)
• ECLERX (1,878) (-5.2%)
• HDFCBANK (778) (-5.1%)
• GALLANTT (620) (-4.8%)
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▪️ HIGH DELIVERY % FOR STOCKS BETWEEN 500 – 20K CR M-CAP
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• Bhansali Engineering Polymers – 9.7x Avg monthly volumes
• Mrs. Bectors Food Specialities – 3.0x Avg monthly volumes
• Dynamic Cables – 7.8x Avg monthly volumes
• Tatva Chintan Pharma Chem – 9.5x Avg monthly volumes
• SPR Auto Technologies – 3.3x Avg monthly volumes
• Styrenix Performance Materials – 7.5x Avg monthly volumes
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▪️ COMMENTS
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• Long Build-Up: 75 stocks saw an increase in OI and price, suggesting a build-up of long positions. Major ones: NHPC, COALINDIA, IREDA, BPCL, NTPC, etc.
• Short Build-Up: 29 stocks saw an increase in OI and a drop in price. Major ones: AXISBANK, CDSL, JIOFIN, OBEROIRLTY, ANGELONE, etc.
• Short-Covering: 80 stocks saw short-covering, where OI decreased with a price increase. Major ones: INDIANB, JSWENERGY, PNB, UNIONBANK, PGEL, etc.
• Long Unwinding: 26 stocks saw a decline in open interest (OI) along with a fall in price, indicating long unwinding. Major ones: INDIGO, BANDHANBNK, M&M, TCS, KALYANKJIL, etc.
• Private banking stocks remained under pressure after the earnings reaction, with HDFC Bank (-4.91%) and Axis Bank (-5.37%) dragging the indices lower. However, Nifty once again found support near its 100-day EMA (24,135) and recovered more than 100 points from the day's low, while buying in PSU Banks helped limit the decline in Bank Nifty. Both indices continue to consolidate, with Nifty holding the 23,800–24,500/24,600 range and Bank Nifty oscillating between 56,900 and 58,500. As long as these ranges remain intact, the market is likely to stay driven by sector rotation and stock-specific opportunities rather than a broad index move.
• Market breadth remains stable despite the recent consolidation. Around 60% of Nifty 50, 53% of Nifty 500, and 57% of Bank Nifty constituents are trading above their 20-day SMA, while 50% of Nifty 50, 55% of Nifty 500, and 57% of Bank Nifty stocks remain above their 200-day SMA.
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▪️ BLOCK / INSIDER TRADES
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• Gandhar Oil Refinery: Neomile Growth Fund acquired a 0.88% stake (8.64 lakh shares) through a block deal at ₹224.80 per share.
• Accent Microcell: Promoter Ghanshyam A. Patel sold a 1.62% stake (3.90 lakh shares) via a block deal at ₹521.01 per share.
• Horizon Reclaim: Finavenue Growth Fund purchased a 0.99% stake (1.93 lakh shares) through a block deal at ₹155.00 per share.
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▪️ IMPORTANT EVENTS TODAY
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• Results: ADANIENSOL, ATGL, BAJAJ-AUTO, BANDHANBNK, GABRIEL, GRANULES, INDHOTEL, INDIAMART, JSWINFRA,, M&MFIN, MASTEK, MEDPLUS, TVSMOTOR
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▪️ ANY INTERESTING STOCKS ON TECHNICAL BASIS?
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• Styrenix (2365): The stock is showing signs of emerging from its correction phase, backed by 7x higher-than-average monthly volumes. The 2,270–2,300 zone is expected to provide immediate support. A sustained move above 2,425 could pave the way for the next major resistance zone of 2,650–2,700.
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TEAM OMKARA
www.omkaracapital.in
Disclaimer: This does not construe to be an investment advice. Stock market investments are subject to market risks. All information is a point of view and is for educational and informational use only.