Indian equity benchmark -- Nifty -- ended higher on Tuesday amid optimism over US-India trade deal. After making positive start, Index soon slipped into negative terrain. Sentiments were weak as foreign institutional investors (FII’s) turned net seller on Monday. As per exchange data, they offloaded equities worth Rs 4,114.85 crore. Market extended its losses and continued to trade in red during late morning session. Market participants avoided risky bid amid weekly F&O expiry. However, in second half of the session, market witnessed recovery and gained traction. Traders took support with U.S. President Donald Trump’s statement that the U.S. was ‘pretty close’ to a trade deal with New Delhi, that's good for everybody. last leg of the trade, market touched its day’s high levels and ended above 25,650 mark.

Traders were seen piling up positions in IT, Auto and Metal stocks, while selling was witnessed in PSU Bank, Realty and Media. The top gainers from the F&O segment were Vodafone Idea, HFCL and Bharat Forge. On the other hand, the top losers were Bajaj Finance, Bajaj Finserv and Britannia Industries. 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 1.54% and reached 12.49. The 50 share Nifty up by 120.60 point or 0.47% to settle at 25,694.95.

Nifty November 2025 futures closed at 25831.80 (LTP) on Tuesday, at a premium of 136.85 points over spot closing of 25694.95, while Nifty December 2025 futures ended at 26015.00 (LTP), at a premium of 320.05 points over spot closing. Nifty November futures saw an addition of 1,724 units, taking the total open interest (Contracts) to 2,48,790 units. The near month derivatives contract will expire on November 25, 2025. (Provisional)

From the most active contracts, Bajaj Finance November 2025 futures traded at a premium of 3.30 points at 1012.40 (LTP) compared with spot closing of 1009.10. The numbers of contracts traded were 46,771. (Provisional)

Bajaj Finserv November 2025 futures traded at a premium of 3.60 points at 1996.50 (LTP) compared with spot closing of 1992.90. The numbers of contracts traded were 32,073. (Provisional)

Bharat Forge November 2025 futures traded at a premium of 2.00 points at 1405.00 (LTP) compared with spot closing of 1403.00. The numbers of contracts traded were 26,183. (Provisional)

Vodafone Idea November 2025 futures traded at a premium of 0.04 points at 10.23 (LTP) compared with spot closing of 10.19. The numbers of contracts traded were 24,931. (Provisional)

Infosys November 2025 futures traded at a discount of 18.10 points at 1513.00 (LTP) compared with spot closing of 1531.10. The numbers of contracts traded were 24,927. (Provisional)

Among, Nifty calls, 26000 SP from the November month expiry was the most active call with a contraction of 588 units open interests. Among Nifty puts, 25500 SP from the November month expiry was the most active put with a contraction of 3,231 units open interests. The maximum OI outstanding for Calls was at 26000 SP (92,992 units) and that for Puts was at 25000 SP (57,932 units). The respective Support and Resistance levels of Nifty are: Resistance 25790.75 -- Pivot Point 25620.00 -- Support 25524.20.

The Nifty Put Call Ratio (PCR) finally stood at (0.98) for November month contract. The top five scrips with highest PCR on Hitachi Energy India (1.18), National Aluminium Company (1.17), Bharat Heavy Electricals (1.17), Shriram Finance (1.15) and Petronet LNG (1.12).

Among most active underlying Bajaj Finance witnessed an addition of 9,856 units of Open Interest in the November month future, Bharti Airtel witnessed an addition of 1,385 units of Open Interest in the November month future, Vodafone Idea witnessed a contraction of 4,062 units of Open Interest in the November month futures, Infosys witnessed an addition of 8,136 units of Open Interest in the November month futures and Bharat Forge witnessed an addition of 1,079 units of Open Interest in the November month futures. (Provisional).