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Market Commentary Overnight global action: On 17^th July 2026, US market delivered a negative performance with S&P500 down by -72.15 pts (-0.96%), Dow Jones down by -407.04 pts (- 0.8%) and Nasdaq down by -356.60 pts (-1.23%). Gift Nifty grew by 254 pts (1.05%) indicating Indian markets will open positively. Advance-Decline ratio on NSE was 1312:2004 and on BSE was 1635:2588, which showed negative breadth in the overall markets.

Index Options Data Analysis: Sensex max call OI at 77500 and put OI at 78000 with PCR of 1.87 Nifty max call OI at 24200 and put OI at 24700 with PCR of 1.61 Bank Nifty max call OI at 58000 and put OI at 59000 with PCR of 1.01.

Securities in Ban for F&O Trade : KAYNES Sector Performance: NIFTY PVT BANK index grew by 2.12% driven by FEDERALBNK (+6.55%), KOTAKBANK (+3.77%) and ICICIBANK (+2.52%). NIFTY IT index grew by +1.75% driven by TECHM (+3.96%),TCS (+2.95%) and HCLTECH. (+1.39%). NIFTY BANK index grew by +1.63% driven by FEDERALBNK (+6.55%), KOTAKBANK (+3.77%) and ICICIBANK (+1.84%) NIFTY PHARMA index declined by -1.40% driven by TORNTPHARM (- 4.82%), GLAND (-3.36%) and ALKEM (-2.70%) NIFTY HEALTHCARE index declined by -1.28% driven by torntpharm (-4.82%), ALKEM (-2.70) and MANKIND (-2.50%). NIFTY500 HEALTHCARE index declined by -1.22% driven by VIJAYA (- 4.85%), TORNTPHARMA (-4.82) and GLAND (-3.36%).