Indian equity benchmark -- Nifty -- trimmed early losses to end flat on Friday. Index made a negative start following broadly negative cues from other Asian markets. Soon, market extended its losses and continued to trade in red during morning session. Traders were cautious as exchange data showed Foreign Institutional Investors (FIIs) offloaded equities worth Rs 3,263.21 crore on Thursday. However, in afternoon session, market witnessed some recovery to trade near neutral lines. Traders took note of Commerce and Industry Minister Piyush Goyal’s statement that talks were progressing fast between India and New Zealand and expressed hope that the free trade agreement will be finalised soon. In late afternoon session, market continued to trade near neutral lines as traders avoided to take risk. Finally, index ended below 25,500 mark. 

India Volatility Index (VIX), a gauge for market’s short-term expectation of volatility increased by 1.18% and reached 12.56. The 50 share Nifty down by 17.40 point or 0.06% to settle at 25,492.30.

Nifty November 2025 futures closed at 25605.00 on Friday, at a premium of 112.70 (LTP) points over spot closing of 25492.30, while Nifty December 2025 futures ended at 25800.00 (LTP), at a premium of 307.70 points over spot closing. Nifty November futures saw an addition of 13,174 units, taking the total open interest (Contracts) to 2,48,763 units. The near month derivatives contract will expire on November 25, 2025. (Provisional)

From the most active contracts, Bharti Airtel November 2025 futures traded at a premium of 1.50 points at 2003.00 (LTP) compared with spot closing of 2001.50. The numbers of contracts traded were 51,797. (Provisional)

BSE November 2025 futures traded at a premium of 12.90 points at 2679.80 (LTP) compared with spot closing of 2666.90. The numbers of contracts traded were 36,156. (Provisional)

State Bank of India November 2025 futures traded at a premium of 3.90 points at 958.70 (LTP) compared with spot closing of 954.80. The numbers of contracts traded were 31,929. (Provisional)

HDFC Bank November 2025 futures traded at a premium of 3.75 points at 988.05 (LTP) compared with spot closing of 984.30. The numbers of contracts traded were 24,765. (Provisional)

Power Finance Corporation November 2025 futures traded at a premium of 1.75 points at 377.65 (LTP) compared with spot closing of 375.90. The numbers of contracts traded were 23,986. (Provisional)

Among, Nifty calls, 26000 SP from the November month expiry was the most active call with an addition of 11,786 units open interests. Among Nifty puts, 25500 SP from the November month expiry was the most active put with an addition of 173 units open interests. The maximum OI outstanding for Calls was at 26000 SP (97,359 units) and that for Puts was at 25000 SP (63,940 units). The respective Support and Resistance levels of Nifty are: Resistance 25589.55 -- Pivot Point 25454.00 -- Support 25356.75.

The Nifty Put Call Ratio (PCR) finally stood at (0.97) for November month contract. The top five scrips with highest PCR on Petronet LNG (1.19), AU Small Finance Bank (1.17), L&T Finance (1.16), Canara Bank (1.12) and Indian Oil Corporation (1.10).

Among most active underlying Bharti Airtel witnessed an addition of 23,383 units of Open Interest in the November month future, BSE witnessed an addition of 884 units of Open Interest in the November month future, L&T Finance witnessed an addition of 3,720 units of Open Interest in the November month futures, State Bank of India witnessed an addition of 3,021 units of Open Interest in the November month futures and Multi Commodity Exchange of India witnessed an addition of 542 units of Open Interest in the November month futures. (Provisional).