Daily Derivative Report - 27th July, 2026 by Religare Broking Ltd
Market Outlook
The Indian market witnessed heightened volatility during the last week, with the benchmark indices remaining under significant selling pressure. On last Friday, The Nifty50 index opened with a gap-down, breached the crucial 23,800 support level, and retested the 23,600 zone. Overall, the week remained negative, with the Nifty50 declining 2.33%, while the Bank Nifty underperformed, falling more than 3%. On the derivatives front, fresh Put writing witnessed at the 23,700 strike and Call writing at the 23,800 strike, which indicate the possibility of a breather after the recent decline.

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