QUANT SECTION: 24th JULY 2026
Nifty has opened with a gap-down below the crucial 23,800 support zone, shifting the immediate support to 23,600.
▪️ FUTURES
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• Gift Nifty: 23,677, down 193 pts vs Nifty Fut close of 23,870
• Dow Future: 51,950, up 56 points
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▪️ FUND FLOWS (RS CR)
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Cash Market
• FII's: -2999
• DII's: +2947
FII's in F&O
• Index Futures: -1,840.02 Cr (-11.4k lots)
• Nifty: -1,296.75 Cr (8.2k lots of selling)
• Bank Nifty: -479.00 Cr (2.8k lots of selling)
• Index Options: -10,223.94 Cr
• Stock Futures: +2,181.49 Cr (36.5k lots of buying)
• Stock Options: +1,346.21 Cr
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▪️ LEVELS
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• Nifty CMP: 23,870 (20 EMA: 24,064 / 252 EMA: 24,453)
• Bank Nifty CMP: 56,592 (20 EMA: 57,469 / 252 EMA: 56,196)
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▪️ F&O STOCKS IN BAN
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• Stocks in ban – Nil
• New addition in ban – Nil
• Stocks exit from ban – KAYNES
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▪️ TOP GAINERS (NIFTY 500)
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• NTPCGREEN (97) (+6.5%)
• CPPLUS (3,613) (+4.8%)
• GRAPHITE (658) (+4.5%)
• HEG (624) (+4.2%)
• HEROMOTOCO (5,174) (+3.7%)
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▪️ TOP LOSERS (NIFTY 500)
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• CIEINDIA (419) (-11.3%)
• SRF (2,623) (-8.5%)
• ADANIGREEN (1,380) (-6.3%)
• INDUSINDBK (1,006) (-6.0%)
• ACUTAAS (3,459) (-5.5%)
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▪️ HIGH DELIVERY % FOR STOCKS BETWEEN 500 – 20K CR M-CAP
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• Ujjivan Small Finance Bank – 3.9x Avg monthly volumes
• Gandhar Oil Refinery (India) – 9.2x Avg monthly volumes
• Bluestone Jewellery And Lifestyle – 4.4x Avg monthly volumes
• Tanla Platforms – 7.7x Avg monthly volumes
• HEG – 3.6x Avg monthly volumes
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▪️ COMMENTS
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• Long Build-Up: 16 stocks saw an increase in OI and price, suggesting a build-up of long positions. Major ones: ETERNAL, FEDERALBNK, MANAPPURAM, HINDALCO, HINDUNILVR, etc.
• Short Build-Up: 64 stocks saw an increase in OI and a drop in price. Major ones: VMM, NAM-INDIA, ADANIGREEN, BANDHANBNK, NMDC, etc.
• Short-Covering: 41 stocks saw short-covering, where OI decreased with a price increase. Major ones: WAAREEENER, COCHINSHIP, DMART, WIPRO, IREDA, etc.
• Long Unwinding: 89 stocks saw a decline in open interest (OI) along with a fall in price, indicating long unwinding. Major ones: LODHA, TRENT, IRFC, DRREDDY, SBICARD, etc.
• Nifty has opened with a gap-down below the crucial 23,800 support zone, shifting the immediate support to 23,600. A weekly close below 23,800 would reinforce the bearish setup. The index is likely to remain under pressure unless it reclaims the 24,000–24,100 zone.
• US 10-Year Treasury Yield: The yield crossed 4.70%, reaching its highest level since early 2025, as rising energy prices intensified concerns over cost-push inflation.
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▪️ BLOCK / INSIDER TRADES
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• Shadowfax Technologies: Flipkart, Eight Roads, and IMM India Fund plan to sell shares worth over ₹1,000 crore via block deals at a floor price of ₹197 per share.
• Dhabriya Polywood: Ashish Kacholia exited his 5.32% stake (5.76 lakh shares) at ₹387.04/share, while Abakkus Venture Opportunities Fund acquired a 5.55% stake worth ₹23.32 crore.
• Gandhar Oil Refinery: Societe Generale acquired 6.84 lakh shares (0.7% stake) through a block deal at ₹280.93 per share.
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▪️ IMPORTANT EVENTS TODAY
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• Results: ACC, ACUTAAS, BOB, BOI, CGPOWER, CONCOR, DALBHARAT, HINDZINC, JINDALSTEL, LALPATHLAB, LAURUSLABS, LODHA, NTPC, RECLTD, SAIL, SHRIRAMFIN, TANFACIND, TATACONSUM, WENDT, etc.
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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.