Indian equity benchmark -- Nifty -- ended Thursday’s session with gains of over half a percent driven by value buying in Metal and IT sectors stocks. Market made a slightly positive start and traded near neutral line in early deals as traders avoided to take risk. Further, index managed to gain traction and remained higher amid foreign fund inflows. Foreign Institutional Investors (FIIs) extended their buying streak for the second consecutive session on October 8, purchasing equities worth Rs 81.28 crore, according to exchange data. 

In afternoon session, market continued to trade in green, as some optimism came with Commerce and Industry Minister Piyush Goyal’s statement 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. Market maintained its upward momentum till the end of the session. Traders took note of report that Prime Minister Narendra Modi welcomed the agreement over the first phase of US President Donald Trump's Gaza peace plan and expressed hope for ‘lasting peace’. The agreement comes after two years of ongoing conflict between Israel and Hamas. Finally, Nifty ended above 25,150 mark. 

India Volatility Index (VIX), a gauge for market’s short-term expectation of volatility decreased by 1.87% and reached 10.12. The 50 share Nifty up by 135.65 point or 0.54% to settle at 25,181.80.

Nifty October 2025 futures closed at 25280.00 on Thursday, at a premium of 98.20 points over spot closing of 25181.80, while Nifty November 2025 futures ended at 25408.00, at a premium of 226.20 points over spot closing. Nifty October futures saw a contraction of 1,955 units, taking the total outstanding open interest (OI) to 2,37,949 units. The near month derivatives contract will expire on October 28, 2025. 

From the most active contracts, TCS October 2025 futures traded at a premium of 1.80 points at 3062.00 (LTP) compared with spot closing of 3060.20. The numbers of contracts traded were 38,892. 

Infosys October 2025 futures traded at a discount of 0.60 points at 1509.10 (LTP) compared with spot closing of 1509.70. The numbers of contracts traded were 30,511. 

Tata Motors October 2025 futures traded at a premium of 1.40 points at 685.80 (LTP) compared with spot closing of 684.40. The numbers of contracts traded were 25,394. 

Reliance Industries October 2025 futures traded at a premium of 4.30 points at 1380.80 (LTP) compared with spot closing of 1376.50. The numbers of contracts traded were 19,974. 

Axis Bank October 2025 futures traded at a premium of 7.40 points at 1175.50 (LTP) compared with spot closing of 1168.10. The numbers of contracts traded were 19,847.

Among, Nifty calls, 25500 SP from the October month expiry was the most active call with a contraction of 200 units open interests. Among Nifty puts, 25000 SP from the October month expiry was the most active put with a contraction of 496 units open interests. The maximum OI outstanding for Calls was at 26000 SP (72,516 units) and that for Puts was at 25000 SP (61,740 units). The respective Support and Resistance levels of Nifty are: Resistance 25,245.93 - Pivot Point 25,135.12 - Support - 25,070.98.

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

Among most active underlying TCS witnessed an addition of 6337 units of Open Interest in the October month future, Multi Commodity Exchange Of India witnessed an addition of 1846 units of Open Interest in the October month future, Infosys witnessed an addition of 2541 units of Open Interest in the October month futures, HDFC Bank witnessed an addition of 1804 units of Open Interest in the October month futures and BSE witnessed an addition of 429 units of Open Interest in the October month futures. (Provisional).