Nifty extended its optimistic trade for the second consecutive session and ended above 25,850 mark on Monday. Index made a gap-up start and maintained its gains throughout the session, as traders took some support with renewed foreign fund inflow. As per exchange data, Foreign Institutional Investors (FIIs) bought equity worth Rs 1,950.77 crore on Friday.  Further, sentiments remained upbeat as India and US reached a framework for an interim agreement regarding reciprocal and mutually beneficial trade. Meanwhile, market witnessed strong buying in banking stocks after Deposit Insurance and Credit Guarantee Corporation (DICGC) announced shift from a flat, decades-old, pricing model to a risk-based premium system. Under the new framework, premiums will be charged on the basis of risk profile of the bank. A better risk profile of the bank could lead to lower premium cost which could lower the cost for the strong banks.

All sectorial indices ended in green. The top gainers from the F&O segment were Kalyan Jewellers India, State Bank of India and Crompton Greaves Consumer Electricals. On the other hand, the top losers were REC, Max Healthcare Institute and Siemens. In the index option segment, maximum OI continues to be seen in the 25900 - 26100 calls and 25400 - 25600 puts indicating this is the trading range expectation.

India Volatility Index (VIX), a gauge for market’s short-term expectation of volatility increased by 2.09% and reached 12.19. The 50 share Nifty up by 173.60 point or 0.68% to settle at 25,867.30.

Nifty February 2026 futures closed at 25909.00 (LTP) on Monday, at a premium of 41.70 points over spot closing of 25867.30, while Nifty March 2026 futures ended at 26060.00 (LTP), at a premium of 192.70 points over spot closing. Nifty February futures saw a contraction of 8,810 units, taking the total open interest (Contracts) to 2,36,552 units. The near month derivatives contract will expire on February 24, 2026. (Provisional)

From the most active contracts, State Bank of India February 2026 futures traded at a discount of 0.50 points at 1147.30 (LTP) compared with spot closing of 1147.80. The numbers of contracts traded were 60,225. (Provisional)

HDFC Bank February 2026 futures traded at a premium of 2.15 points at 940.95 (LTP) compared with spot closing of 938.80. The numbers of contracts traded were 38,780. (Provisional)

Kalyan Jewellers India February 2026 futures traded at a premium of 2.00 points at 438.00 (LTP) compared with spot closing of 436.00. The numbers of contracts traded were 34,315. (Provisional)

Infosys February 2026 futures traded at a premium of 5.00 points at 1502.00 (LTP) compared with spot closing of 1497.00. The numbers of contracts traded were 23,324. (Provisional)

Kaynes Technology India February 2026 futures traded at a premium of 11.00 points at 3941.00 (LTP) compared with spot closing of 3930.00. The numbers of contracts traded were 23,254. (Provisional)

Among, Nifty calls, 26000 SP from the February month expiry was the most active call with a contraction of 8,901 units open interests. Among Nifty puts, 25500 SP from the February month expiry was the most active put with an addition of 13,045 units open interests. The maximum OI outstanding for Calls was at 26000 SP (82,974 units) and that for Puts was at 25500 SP (91,161 units). The respective Support and Resistance levels of Nifty are: Resistance 25932.73 -- Pivot Point 25856.82 -- Support 25791.38.

The Nifty Put Call Ratio (PCR) finally stood at (1.19) for February month contract. The top five scrips with highest PCR on Dalmia Bharat (2.15), APL Apollo Tubes (1.43), Hitachi Energy India (1.19), State Bank of India (1.12) and FSN E-Commerce Ventures (1.10).

Among most active underlying State Bank of India witnessed an addition of 11,263 units of Open Interest in the February month future, Kalyan Jewellers India witnessed an addition of 1,662 units of Open Interest in the February month future, Tata Steel witnessed an addition of 218 units of Open Interest in the February month futures, HDFC Bank witnessed an addition of 12,284 units of Open Interest in the February month futures and BSE witnessed an addition of 795 units of Open Interest in the February month futures. (Provisional).