Extending its gaining streak for third straight session, Indian equity benchmark -- Nifty ended with notable gains on Wednesday. Index made a gap-up start following broadly positive cues from other Asian markets. Sentiments were cheerful after US President Donald Trump defended the H-1 B visa scheme, saying that the country needs to bring in talent for certain fields. Soon, index extended its gains and continued its trade in green, supported by strong buying in IT sector stocks. Further, traders took some support with private report stating that Bihar exit polls indicated a likely win for the incumbent NDA alliance. In afternoon session, index continued its firm trade in green till the end of the session. Investors took note of Union Finance Minister Nirmala Sitharaman’s statement that the implementation of next generation GST reforms on September 22 led to a growth in sales across sectors, including automobiles, consumer durables, e-commerce among others. Finally, index closed above 25,850 mark.

Most of the sectorial indices ended in green except Realty stocks. The top gainers from the F&O segment were Asian Paints, Biocon and Max Financial Services. On the other hand, the top losers were PI Industries, Prestige Estates Projects and Torrent Power. 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 3.04% and reached 12.11. The 50 share Nifty up by 180.85 point or 0.70% to settle at 25,875.80.

Nifty November 2025 futures closed at 25979.10 (LTP) on Wednesday, at a premium of 103.30 points over spot closing of 25875.80, while Nifty December 2025 futures ended at 26160.00 (LTP), at a premium of 284.20 points over spot closing. Nifty November futures saw a contraction of 8,774 units, taking the total open interest (Contracts) to 2,38,200 units. The near month derivatives contract will expire on November 25, 2025. (Provisional)

From the most active contracts, Asian Paints November 2025 futures traded at a premium of 7.00 points at 2839.00 (LTP) compared with spot closing of 2832.00. The numbers of contracts traded were 37,165. (Provisional)

Hindustan Aeronautics November 2025 futures traded at a premium of 11.00 points at 4743.70 (LTP) compared with spot closing of 4732.70. The numbers of contracts traded were 33,803. (Provisional)

Tata Consultancy Services November 2025 futures traded at a premium of 10.10 points at 3135.20 (LTP) compared with spot closing of 3125.10. The numbers of contracts traded were 33,570. (Provisional)

Infosys November 2025 futures traded at a discount of 20.00 points at 1530.60 (LTP) compared with spot closing of 1550.60. The numbers of contracts traded were 31,750. (Provisional)

BSE November 2025 futures traded at a premium of 15.20 points at 2785.40 (LTP) compared with spot closing of 2770.20. The numbers of contracts traded were 30,672. (Provisional)

Among, Nifty calls, 26000 SP from the November month expiry was the most active call with a contraction of 12,466 units open interests. Among Nifty puts, 25500 SP from the November month expiry was the most active put with an addition of 1,476 units open interests. The maximum OI outstanding for Calls was at 26000 SP (80,295 units) and that for Puts was at 25000 SP (55,148 units). The respective Support and Resistance levels of Nifty are: Resistance 25946.52 -- Pivot Point 25863.83 -- Support 25793.12.

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 (1.29), National Aluminium Company (1.21), Bharat Heavy Electricals (1.19), Shriram Finance (1.17) and KPIT Technologies (1.15).

Among most active underlying BSE witnessed an addition of 2,868 units of Open Interest in the November month future, Hindustan Aeronautics witnessed an addition of 6,603 units of Open Interest in the November month future, Asian Paints witnessed an addition of 6,400 units of Open Interest in the November month futures, Adani Enterprises witnessed an addition of 1,400 units of Open Interest in the November month futures and Infosys witnessed an addition of 7,494 units of Open Interest in the November month futures. (Provisional).