In today’s episode of Indian Market in Minutes from Motilal Oswal Research Desk, host Shivangi Sarda Malpani brings you everything you need to know from the world of finance.
Markets showed resilience despite early weakness as Nifty opened on a negative note and slipped towards the 23,880 zone in the first half. However, strong support-based buying helped the index recover in the latter half, pushing it back above the crucial 24,000 mark. FIIs turned net sellers with outflows of ₹3,622 Cr, while DIIs continued to support the market with inflows of ₹2,603 Cr.
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[00:00:00] Welcome to Indian Market in Minutes from Motilal Oswal Research Test. We will be covering technical and derivatives, SII's activity, index, actionable sectors and stocks to watch out. So stay tuned till the end.
[00:00:22] Hey, this is your host Shivangi Saradamalpaani and to start with our first segment for Wednesday, 6th May, 2026, Nifty Index opened negative and dropped to 23,880 zones in the first half but was followed by recovery in the next half of the session. It improved sentiments towards 24,080 levels and managed to close above 24k marks.
[00:00:45] It formed a small body candle on the daily frame with long lower shadow indicating support base spike is intact even though there is some lack of follower buying. India Wix was down by around 2.1% to 17.9 levels. Nifty Put Call Ratio increased to 1.08.
[00:01:04] Option data suggests a broader trading range in between 23,600 to 24,400 levels, while immediate range could be in between 23,800 to 24,200 marks. Moving on to the second segment, in the equity cash market, FII's were net sellers to the tune of 3,622 crores, while TII's were buyers were 2,603 crores.
[00:01:30] FII's index longshot ratio decreased to 11.5%. Going ahead with the index actionable, Debitif's data and price setup suggest, Nifty has to hold above 24,000 for the next up move towards 24,300 levels, while supports can be seen at 23,900.
[00:01:53] Bank Nifty has to hold above 54,750 for the momentum to build towards 55,250 levels, while a hole below the same could see some weakness towards 54,250 levels. And finally, talking about the sectors and stocks to watch out, positive setup can be seen in CAMS, AB Capital, CG Power, HDFC AFC, UltraTech Segment and Federal Bank.
[00:02:19] While some weakness could be seen in Voltas, Uno Vindag, Chupalin Ford, Paytm, Swicky and ICICM Bank. Wish you a super day ahead. Shivangi Sarga Malpani signing off. Follow this podcast for solid advice.