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2026-05-08 10:06:13 am | Source: Ventura Securities
Daily Update Report 08th May 2026 by Ventura Securities
Daily Update Report 08th May 2026 by Ventura Securities

Market Commentary

Overnight global action:

On 7th May 2026, US market delivered a negative performance with S&P500 down by -21.26 pts (-0.29%), Dow Jones down by -266.35 pts (- 0.53%) and Nasdaq down by -29.9 pts (-0.11%). Gift Nifty declined by -63 pts (-0.26%) indicating Indian markets will open negatively. Advance-Decline ratio on NSE was 2285:997 and on BSE was 2704:1527 which showed strength in the overall markets.

Index Options Data Analysis:

Sensex max call OI is at 77900 max put OI is at 77800 with PCR of 0.83 Nifty max call OI is at 24500 max put OI is at 24000 with PCR of 1 Nifty max call OI and put OI both are at 56000 with PCR of0.97

Securities in Ban for F&O Trade:

NIL

Sector Performance:

NIFTY AUTO index grew by 1.93% driven by Bharat Forge Ltd. (+6.4%) and Exide Industries Ltd. (+3.63%)

NIFTY FMCG index declined by -0.76% driven by Godrej Consumer Products Ltd. (-5.3%) and Hindustan Unilever Ltd. (-5.26%)

NIFTY REALTY index grew by 0.63% driven by Aditya Birla Real Estate Ltd. (+2.7%) and Prestige Estates Projects Ltd. (+1.94%)

NIFTY OIL & GAS index declined by -0.1% driven by Bharat Petroleum Corporation Ltd. (-2.1%) and Adani Total Gas Ltd. (-2.05%)

NIFTY CHEMICALS Index grew by 0.69% driven by Linde India Ltd. (+3.6%) and Pidilite Industries Ltd. (+2.03%)

NIFTY PSU BANK index declined by -0.49% driven by Canara Bank (- 1.5%) and Bank Of India (-1.53%)

 

 

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