Snapping three-day losing streak, Indian equity benchmark -- Nifty ended higher on Thursday amid easing geopolitical jitters. Index made a gap-up start following firm cues from other Asian markets, as US President Donald Trump called off imposing tariffs on eight European countries over Greenland and ruled out using military force to take control of the territory. Meanwhile, traders took some support with Union minister Ashwini Vaishnaw’s statement that India will keep growing by 6-8 per cent in real terms and 10-13 per cent in nominal terms over the next five years, supported by moderate inflation and strong growth. However, in late morning session, market trimmed most of its gains but continued to trade in green terrain. In dying hour of the trade, index re-gained some traction and ended near 25,300 mark.

Most of the sectorial indices ended in green except Consumer Durables and Realty stocks. The top gainers from the F&O segment were Waaree Energies, Indian Bank and Sona BLW Precision Forgings. On the other hand, the top losers were IIFL Finance, PNB Housing Finance and Hindustan Zinc. 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 3.12% and reached 13.35. The 50 share Nifty up by 132.40 point or 0.53% to settle at 25,289.90.

Nifty January 2026 futures closed at 25375.00 (LTP) on Thursday, at a premium of 85.10 points over spot closing of 25289.90, while Nifty February 2026 futures ended at 25496.00 (LTP), at a premium of 206.10 points over spot closing. Nifty January futures saw an addition of 21,941 units, taking the total open interest (Contracts) to 2,49,108 units. The near month derivatives contract will expire on January 27, 2026. (Provisional)

From the most active contracts, HDFC Bank January 2026 futures traded at a premium of 2.45 points at 923.45 (LTP) compared with spot closing of 921.00. The numbers of contracts traded were 115,525. (Provisional)

ETERNAL January 2026 futures traded at a premium of 0.50 points at 277.00 (LTP) compared with spot closing of 276.50. The numbers of contracts traded were 79,826. (Provisional)

Reliance Industries January 2026 futures traded at a premium of 3.70 points at 1407.80 (LTP) compared with spot closing of 1404.10. The numbers of contracts traded were 66,791. (Provisional)

Infosys January 2026 futures traded at a premium of 3.90 points at 1666.70 (LTP) compared with spot closing of 1662.80. The numbers of contracts traded were 58,015. (Provisional)

ICICI Bank January 2026 futures traded at a premium of 3.10 points at 1350.10 (LTP) compared with spot closing of 1347.00. The numbers of contracts traded were 47,356. (Provisional)

Among, Nifty calls, 25300 SP from the January month expiry was the most active call with an addition of 1,244 units open interests. Among Nifty puts, 25200 SP from the January month expiry was the most active put with an addition of 32,723 units open interests. The maximum OI outstanding for Calls was at 26000 SP (2,22,137 units) and that for Puts was at 25000 SP (1,57,722 units). The respective Support and Resistance levels of Nifty are: Resistance 25427.60 -- Pivot Point 25298.05 -- Support 25160.35.

The Nifty Put Call Ratio (PCR) finally stood at (0.79) for January month contract. The top five scrips with highest PCR on Petronet LNG (1.38), LIC Housing Finance (1.08), IndusInd Bank (1.06), Federal Bank (1.03) and Grasim Industries (0.98).

Among most active underlying HDFC Bank witnessed an addition of 30,609 units of Open Interest in the January month future, Eternal witnessed an addition of 14,520 units of Open Interest in the January month future, Reliance Industries witnessed an addition of 6,732 units of Open Interest in the January month futures, ICICI Bank witnessed an addition of 4,979 units of Open Interest in the January month futures and Bharti Airtel witnessed an addition of 10,616 units of Open Interest in the January month futures. (Provisional).