QUANT SECTION: 23rd JULY 2026

The derivatives data indicates fresh short build-up

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QUANT SECTION: 23rd JULY 2026

▪️ FUTURES
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• Gift Nifty: 23,865, down 117 pts vs Nifty Fut close of 23,982
• Dow Future: 52,469, up 20 points
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▪️ FUND FLOWS (RS CR)
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Cash Market
• FII's: -819
• DII's: -418
FII's in F&O
• Index Futures: -3,606.85 Cr (-22.9k lots)
• Nifty: -3,307.85 Cr (21.1k lots of selling)
• Bank Nifty: -267.35 Cr (1.5k lots of selling)
• Index Options: -6,918.88 Cr
• Stock Futures: -980.43 Cr (13.3k lots of selling)
• Stock Options: -437.96 Cr
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▪️ LEVELS
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• Nifty CMP: 23,996 (20 EMA: 24,094 / 252 EMA: 24,462)
• Bank Nifty CMP: 57,127 (20 EMA: 57,606 / 252 EMA: 56,188)
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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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• DATAPATTNS (4,783) (+12.7%)
• M&MFIN (378) (+8.1%)
• BAJAJ-AUTO (10,999) (+5.7%)
• CRISIL (4,495) (+4.5%)
• CHENNPETRO (1,308) (+4.0%)
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▪️ TOP LOSERS (NIFTY 500)
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• BANDHANBNK (174) (-16.9%)
• OFSS (10,851) (-6.7%)
• PGEL (575) (-5.7%)
• OLAELEC (37) (-5.3%)
• SAREGAMA (489) (-5.2%)
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▪️ HIGH DELIVERY % FOR STOCKS BETWEEN 500 – 20K CR M-CAP
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•⁠ ⁠Bluestone Jewellery And Lifestyle – 8.2x Avg monthly volumes
•⁠ ⁠The South Indian Bank – 3.0x Avg monthly volumes
•⁠ ⁠Action Construction Equipment – 4.6x Avg monthly volumes
•⁠ ⁠Sobha – 5.8x Avg monthly volumes
•⁠ ⁠Rallis India – 6.0x Avg monthly volumes
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▪️ COMMENTS
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• Long Build-Up: 18 stocks saw an increase in OI and price, suggesting a build-up of long positions. Major ones: NESTLEIND, ASTRAL, LTF, NHPC, INDUSINDBK, etc.
• Short Build-Up: 113 stocks saw an increase in OI and a drop in price. Major ones: BANDHANBNK, PREMIERENE, BPCL, BDL, MAZDOCK, etc.
• Short-Covering: 24 stocks saw short-covering, where OI decreased with a price increase. Major ones: EXIDEIND, KALYANKJIL, YESBANK, PIDILITIND, CAMS, etc.
• Long Unwinding: 55 stocks saw a decline in open interest (OI) along with a fall in price, indicating long unwinding. Major ones: DELHIVERY, CIPLA, RBLBANK, HDFCAMC, ZYDUSLIFE, etc.
• The derivatives data indicates fresh short build-up, with Nifty open interest rising 5% as the index declined 0.8%, while Bank Nifty witnessed a 4% increase in open interest alongside a 1.3% fall. After trading in a narrow range for nearly two weeks, Nifty failed to move past the 24,300 resistance and slipped back towards the 24,000 mark. The 23,800 level continues to be the key support at the lower end of the current consolidation range, while a break below it could open the door for a move towards 23,500–23,600. Despite the recent weakness, India VIX remains below 15, suggesting there is no sign of panic and market volatility continues to stay relatively contained.
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▪️ BLOCK / INSIDER TRADES
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• NIL
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▪️ IMPORTANT EVENTS TODAY
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• Results: CIPLA, COROMANDEL, CYIENT, , IBULLSLTD, IEX, INDIGO, INFY,, MOTILALOFS, MPHASIS, UJJIVANSFB, MEESHO, PVRINOX
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▪️ ANY INTERESTING STOCKS ON TECHNICAL BASIS?
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• Nil
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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.