Indian equity benchmark -- Nifty -- continued its gaining streak for second consecutive day and ended in green as Foreign Institutional Investor (FII) were net buyers for the third consecutive session on October 9. Market made flat-to-negative start and soon added points to trade higher. Easing geopolitical tension in the Middle East supported domestic sentiments. Traders took some support with Federation of Indian Chambers of Commerce and Industry’s (FICCI) latest survey stating that India's manufacturing sector is poised for strong growth and expansion, with 87 per cent of respondents reporting higher or same production levels for the September quarter (Q2FY26). 

In afternoon session, index maintained its gaining momentum as sentiments remained positive with British Prime Minister Keir Starmer’s statement that India is on track to become the third largest economy by 2028 and the UK is perfectly placed to be a partner in this journey. He said the India-UK trade deal is a launchpad to boost British leadership in areas ranging from technology to life sciences to renewable energy and more, and added that the two countries are also deepening the UK-India Technology Security Initiative. Market continued its trade in green territory till the end of the session. Some comfort came as Prime Minister Narendra Modi and US President Donald Trump reviewed the ongoing trade negotiations between India and the United States. Finally, Nifty ended above 25,250 mark. 

Most of the sectorial indices ended in green except IT and Metal. The top gainers from the F&O segment were Vodafone Idea, Yes Bank and Suzlon Energy. On the other hand, the top losers were Page Industries, Bosch and Shree Cement. 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 decreased by 0.17% and reached 10.10. The 50 share Nifty up by 103.55 point or 0.41% to settle at 25,285.35.

Nifty October 2025 futures closed at 25415.00 on Friday, at a premium of 129.65 points over spot closing of 25285.35, while Nifty November 2025 futures ended at 25543.30, at a premium of 257.95 points over spot closing. Nifty October futures saw an addition of 457 units, taking the total outstanding open interest (Contracts) to 2,33,926 units. The near month derivatives contract will expire on October 28, 2025. (Provisional)

From the most active contracts, TCS October 2025 futures traded at a discount of 3.80 points at 3024.20 (LTP) compared with spot closing of 3028.00. The numbers of contracts traded were 70,977. (Provisional)

SBIN October 2025 futures traded at a premium of 2.15 points at 883.40 (LTP) compared with spot closing of 881.25. The numbers of contracts traded were 30,044. (Provisional)

Infosys October 2025 futures traded at a discount of 7.70 points at 1504.20 (LTP) compared with spot closing of 1511.90. The numbers of contracts traded were 24,336. (Provisional)

Tata Motors October 2025 futures traded at a discount of 0.15 points at 679.00 (LTP) compared with spot closing of 679.15. The numbers of contracts traded were 23,232. (Provisional)

Axis Bank October 2025 futures traded at a premium of 2.50 points at 1185.00 (LTP) compared with spot closing of 1182.50. The numbers of contracts traded were 21,047. (Provisional)

Among, Nifty calls, 25500 SP from the October month expiry was the most active call with a contraction of 7,312 units open interests. Among Nifty puts, 25000 SP from the October month expiry was the most active put with an addition of 13,354 units open interests. The maximum OI outstanding for Calls was at 26000 SP (73,081 units) and that for Puts was at 25000 SP (75,049 units). The respective Support and Resistance levels of Nifty are: Resistance 25,358.45 - Pivot Point 25,257.65 -- Support -- 25,184.55.

The Nifty Put Call Ratio (PCR) finally stood at (1.07) for October month contract. The top five scrips with highest PCR on Kotak Mahindra Bank (1.06), Nuvama Wealth Management (1.04), IndusInd Bank (1.03), Petronet LNG (1.02) and BSE (1.00). 

Among most active underlying, TCS witnessed an addition of 9,876 units of Open Interest in the October month future, SBIN witnessed a contraction of 786 units of Open Interest in the October month future, HDFC Bank witnessed an addition of 2,051 units of Open Interest in the October month futures, Maruti Suzuki India witnessed a contraction of 129 units of Open Interest in the October month futures and ICICI Bank witnessed an addition of 3,524 units of Open Interest in the October month futures. (Provisional)