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Last-hour buying helps Nifty to end higher on Tuesday
Aug-25-2026

Indian equity benchmark -- Nifty ended higher with gains of nearly half a percent on Tuesday amid sharp fall in crude oil prices. The index made a flat-to-negative start and continued to trade in the red for most of the session amid escalating geopolitical tensions between the US and Iran, owing to fresh US sanctions on Iran. However, in the last leg of the session, the index pared all its losses and entered positive territory as traders took some support from report that India and Mauritius had discussed ways to further strengthen cooperation in public service, training and capacity building, with greater emphasis on sustained institutional engagement and the exchange of expertise between the two countries. Afterwards, the Nifty extended its gains towards the end of the session and closed above the 24,300 level.

Most of the sectorial indices ended in green led by Consumer Durables, PSU Bank, and Pharma stocks. The top gainers from the F&O segment were Vodafone Idea, One 97 Communications and Angel One. On the other hand, the top losers were The Federal Bank, Oil India and Hindustan Zinc. In the index option segment, maximum OI continues to be seen in the 24900 - 25100 calls and 23900 - 24100 puts indicating this is the trading range expectation.

India Volatility Index (VIX), a gauge for market’s short-term expectation of volatility decreased by 3.40% and reached 11.13. The 50 share Nifty up by 115.50 point or 0.48% to settle at 24,334.55.

Nifty September 2026 futures closed at 24485.20 (LTP) on Tuesday, at a premium of 150.65 points over spot closing of 24334.55, while Nifty October 2026 futures ended at 24611.20 (LTP), at a premium of 276.65 points over spot closing. Nifty September futures saw an addition of 54,616 units, taking the total open interest (Contracts) to 2,10,769 units. The near month derivatives contract will expire on September 29, 2026. (Provisional)

From the most active contracts, HDFC Bank September 2026 futures traded at a premium of 2.60 points at 730.10 (LTP) compared with spot closing of 727.50. The numbers of contracts traded were 99,241. (Provisional)

Reliance Industries September 2026 futures traded at a premium of 4.90 points at 1321.90 (LTP) compared with spot closing of 1317.00. The numbers of contracts traded were 51,692. (Provisional)

Infosys September 2026 futures traded at a premium of 2.30 points at 1146.30 (LTP) compared with spot closing of 1144.00. The numbers of contracts traded were 46,862. (Provisional)

Vodafone Idea September 2026 futures traded at a premium of 0.16 points at 15.35 (LTP) compared with spot closing of 15.19. The numbers of contracts traded were 33,711. (Provisional)

Jio Financial Services September 2026 futures traded at a premium of 2.35 points at 245.50 (LTP) compared with spot closing of 243.15. The numbers of contracts traded were 30,436. (Provisional)

Among, Nifty calls, 24500 SP from the September month expiry was the most active call with a contraction of 738 units open interests. Among Nifty puts, 24000 SP from the September month expiry was the most active put with an addition of 9,882 units open interests. The maximum OI outstanding for Calls was at 25000 SP (78,116 units) and that for Puts was at 24000 SP (82,082 units). The respective Support and Resistance levels of Nifty are: Resistance 24407.58 -- Pivot Point 24261.52 -- Support 24188.48.

The Nifty Put Call Ratio (PCR) finally stood at (1.24) for September month contract. The top five scrips with highest PCR on Mankind Pharma (1.18), ICICI Prudential Life Insurance Company (1.18), KEI Industries (1.16), Fortis Healthcare (1.15), and LIC Housing Finance (1.13).

Among most active underlying HDFC Bank witnessed an addition of 73,681 units of Open Interest in the September month future, Reliance Industries witnessed an addition of 39,784 units of Open Interest in the September month future, Vodafone Idea witnessed an addition of 12,567 units of Open Interest in the September month future, Steel Authority of India witnessed an addition of 17,288 units of Open Interest in the September month futures and State Bank of India witnessed an addition of 18,335 units of Open Interest in the September month futures. (Provisional)

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