Snapping its 4-day gaining streak, Indian equity benchmark -- Nifty -- ended lower on Wednesday amid profit booking. Index made a slightly negative start amid weak global cues. Soon, index gained traction and continued its trade in green terrain. Renewed foreign fund inflow lifted investors sentiment. Foreign institutional investors (FII) bought equities worth Rs 1,440.66 crore on Tuesday, according to exchange data. Further, some optimism came as Commerce and Industry Minister Piyush Goyal said that India and the US are in continuous dialogue on the proposed bilateral trade agreement, and all possibilities are there to meet the November deadline for concluding the talks. 

However, in late morning session, index erased all initial gains and continued its trade in red terrain. Traders were worried as Reserve Bank of India (RBI) in its latest data report has showed that India’s outward foreign direct investment (OFDI) commitments declined 8.27% to $4419.43 million in September 2025, from $4817.89 million in September 2024. In late afternoon session, index witnessed some recovery and once again hit green territory but unable to hold its head above neutral line till end. Finally, Nifty closed below 25,050 mark. 

Most of the sectorial indices ended in red except IT and Consumer Durables stocks. The top gainers from the F&O segment were RBL Bank, Titan Company and National Aluminium Company. On the other hand, the top losers were Kaynes Technology India, UNO Minda and Oberoi Realty. In the index option segment, maximum OI continues to be seen in the 25900 - 26100 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 increased by 2.61% and reached 10.31. The 50 share Nifty down by 62.15 point or 0.25% to settle at 25,046.15.

Nifty October 2025 futures closed at 25112.50 (LTP) on Wednesday, at a premium of 66.35 points over spot closing of 25046.15, while Nifty November 2025 futures ended at 25252.50 (LTP), at a premium of 206.35 points over spot closing. Nifty October futures saw an addition of 1,821 units, taking the total open interest (Contracts) to 2,42,054 units. The near month derivatives contract will expire on October 28, 2025. (Provisional)

From the most active contracts, Tata Consultancy Services October 2025 futures traded at a discount of 4.50 points at 3027.00 (LTP) compared with spot closing of 3031.50. The numbers of contracts traded were 35,304. (Provisional)

Titan Company October 2025 futures traded at a premium of 10.00 points at 3575.00 (LTP) compared with spot closing of 3565.00. The numbers of contracts traded were 34,285. (Provisional)

Infosys October 2025 futures traded at a discount of 4.80 points at 1487.20 (LTP) compared with spot closing of 1492.00. The numbers of contracts traded were 30,124. (Provisional)

Reliance Industries October 2025 futures traded at a premium of 2.70 points at 1370.00 (LTP) compared with spot closing of 1367.30. The numbers of contracts traded were 28,683. (Provisional)

Tata Motors October 2025 futures traded at a premium of 0.30 points at 680.60 (LTP) compared with spot closing of 680.30. The numbers of contracts traded were 24,122. (Provisional)

Among, Nifty calls, 25500 SP from the October month expiry was the most active call with an addition of 8,953 units open interests. Among Nifty puts, 25000 SP from the October month expiry was the most active put with an addition of 3,552 units open interests. The maximum OI outstanding for Calls was at 26000 SP (72,417 units) and that for Puts was at 25000 SP (63,262 units). The respective Support and Resistance levels of Nifty are: Resistance 25156.27 -- Pivot Point 25082.38 -- Support 24972.27.

The Nifty Put Call Ratio (PCR) finally stood at (1.03) for October month contract. The top five scrips with highest PCR on Petronet LNG (1.05), Sammaan Capital (1.02), Kotak Mahindra Bank (1.02), SRF (1.01) and IndusInd Bank (0.99).

Among most active underlying Titan Company witnessed an addition of 3,818 units of Open Interest in the October month future, Reliance Industries witnessed an addition of 5,165 units of Open Interest in the October month future, Tata Consultancy Services witnessed a contraction of 1,561 units of Open Interest in the October month futures, Infosys witnessed an addition of 1,723 units of Open Interest in the October month futures and HDFC Bank witnessed an addition of 1,616 units of Open Interest in the October month futures. (Provisional).