Indian equity benchmark -- Nifty -- extended its previous session gains and ended higher on Wednesday amid optimism over US-India trade talks. Index made a gap-up opening and continued its firm trade in green, following positive cues from global markets. Sentiments were positive as US President Donald Trump showed optimism over trade negotiations with India. Trump said he feels ‘certain’ that there will be ‘no difficulty’ for the two countries to come to a ‘successful conclusion’ in trade talks. Further, rally in IT and Tech stocks lifted investors’ sentiments. Some support came amid fresh foreign fund inflows. Foreign Institutional Investors (FIIs) bought equities worth Rs 2,050.46 crore on Tuesday, according to exchange data. Besides, market participants took support as the Commerce Ministry indicated that the Export Credit Guarantee Corporation (ECGC) proposed several measures, including covering losses from non-delivery of goods and providing enhanced cover for banks up to an export credit limit of Rs 50 crore, to help exporters cope with tariff disruptions. In afternoon session, index continued its trade in green till the end of the session and closed above 24,950 mark.

Most of the sectorial indices ended in green except Auto, Media and Consumer Durables stocks. The top gainers from the F&O segment were Oracle Financial Services Software, Persistent Systems and Bharat Dynamics. On the other hand, the top losers were BSE, Avenue Supermarts and Mahindra & Mahindra. In the index option segment, maximum OI continues to be seen in the 24900 - 25100 calls and 24900 - 25100 puts indicating this is the trading range expectation.

India Volatility Index (VIX), a gauge for market’s short-term expectation of volatility decreased by 1.38% and reached 10.54. The 50 share Nifty up by 104.50 point or 0.42% to settle at 24,973.10.

Nifty September 2025 futures closed at 25079.00 (LTP) on Wednesday, at a premium of 105.90 points over spot closing of 24973.10, while Nifty October 2025 futures ended at 25193.00 (LTP), at a premium of 219.90 points over spot closing. Nifty September futures saw an addition of 9,507 units, taking the total open interest (Contracts) to 2,35,261 units. The near month derivatives contract will expire on September 30, 2025. (Provisional) 

From the most active contracts, Kotak Mahindra Bank September 2025 futures traded at a premium of 8.70 points at 1981.60 (LTP) compared with spot closing of 1972.90. The numbers of contracts traded were 28,612. (Provisional) 

Infosys September 2025 futures traded at a premium of 2.30 points at 1534.30 (LTP) compared with spot closing of 1532.00. The numbers of contracts traded were 24,987. (Provisional) 

State Bank of India September 2025 futures traded at a premium of 4.55 points at 823.00 (LTP) compared with spot closing of 818.45. The numbers of contracts traded were 22,804. (Provisional) 

Tata Consultancy Services September 2025 futures traded at a premium of 13.20 points at 3123.20 (LTP) compared with spot closing of 3110.00. The numbers of contracts traded were 20,843. (Provisional) 

Oracle Financial Services Software September 2025 futures traded at a premium of 40.00 points at 9340.00 (LTP) compared with spot closing of 9300.00. The numbers of contracts traded were 20,373. (Provisional)

Among, Nifty calls, 25000 SP from the September month expiry was the most active call with a contraction of 723 units open interests. Among Nifty puts, 25000 SP from the September month expiry was the most active put with an addition of 11,380 units open interests. The maximum OI outstanding for Calls was at 25000 SP (80,820 units) and that for Puts was at 25000 SP (69,357 units). The respective Support and Resistance levels of Nifty are: Resistance 25034.18 -- Pivot Point 24974.62 -- Support 24913.53.

The Nifty Put Call Ratio (PCR) finally stood at (1.13) for September month contract. The top five scrips with highest PCR on Glenmark Pharmaceuticals (1.24), Petronet LNG (1.22), Cholamandalam Investment and Finance Company (1.18), Bajaj Finance (1.13) and APL Apollo Tubes (1.12).

Among most active underlying Kotak Mahindra Bank witnessed an addition of 2,980 units of Open Interest in the September month future, BSE witnessed an addition of 3,328 units of Open Interest in the September month future, Oracle Financial Services Software witnessed an addition of 1,153 units of Open Interest in the September month futures, Infosys witnessed an addition of 2,441 units of Open Interest in the September month futures and Bharat Electronics witnessed a contraction of 80 units of Open Interest in the September month futures. (Provisional).