Nifty ended significantly lower on Friday amid concerns over geopolitical tension. Sentiments were downbeat after Pakistan-Afghanistan declared open war, while US-Iran concluded trade talks without any deal. Index made a negative start and extended its losses, as traders were concerned with fresh foreign fund outflow. As per exchange data, Foreign Institutional Investors (FIIs) offloaded equity worth Rs 3,465.99 crore on Thursday. In afternoon session, index continued its lethargic trade in red as traders opted risk-averse approach amid potential AI disruptions and lingering US trade tariff concerns. In last leg of the session, index intensified its losses and closed the session below its crucial 25,200 mark.

Most of the sectorial indices ended in red led by Realty, Auto and FMCG. The top gainers from the F&O segment were Dixon Technologies (India), Siemens and Oil India. On the other hand, the top losers were L&T Finance, Angel One and Computer Age Management Services. 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 4.89% and reached 13.70. The 50 share Nifty down by 317.90 point or 1.25% to settle at 25,178.65.

Nifty March 2026 futures closed at 25341.00 (LTP) on Friday, at a premium of 162.35 points over spot closing of 25178.65, while Nifty April 2026 futures ended at 25500.70 (LTP), at a premium of 322.05 points over spot closing. Nifty March futures saw an addition of 19,037 units, taking the total open interest (Contracts) to 2,20,517 units. The near month derivatives contract will expire on March 30, 2026. (Provisional)

From the most active contracts, Infosys March 2026 futures traded at a premium of 3.80 points at 1302.70 (LTP) compared with spot closing of 1298.90. The numbers of contracts traded were 45,007. (Provisional)

HDFC Bank March 2026 futures traded at a premium of 5.55 points at 893.00 (LTP) compared with spot closing of 887.45. The numbers of contracts traded were 39,533. (Provisional)

L&T Finance March 2026 futures traded at a discount of 2.00 points at 278.25 (LTP) compared with spot closing of 280.25. The numbers of contracts traded were 30,389. (Provisional)

Dixon Technologies (India) March 2026 futures traded at a premium of 25.00 points at 10545.00 (LTP) compared with spot closing of 10520.00. The numbers of contracts traded were 29,718. (Provisional)

Reliance Industries March 2026 futures traded at a premium of 8.00 points at 1402.90 (LTP) compared with spot closing of 1394.90. The numbers of contracts traded were 21,375. (Provisional)

Among, Nifty calls, 26000 SP from the March month expiry was the most active call with an addition of 9,510 units open interests. Among Nifty puts, 25500 SP from the March month expiry was the most active put with a contraction of 5,616 units open interests. The maximum OI outstanding for Calls was at 26000 SP (1,00,226 units) and that for Puts was at 25000 SP (1,00,458 units). The respective Support and Resistance levels of Nifty are: Resistance 25389.60 -- Pivot Point 25265.45 -- Support 25054.50.

The Nifty Put Call Ratio (PCR) finally stood at (1.23) for March month contract. The top five scrips with highest PCR on Lodha Developers (1.55), Oberoi Realty (1.53), Dalmia Bharat (1.40), Cholamandalam Investment and Finance Company (1.37), and REC (1.19).

Among most active underlying Infosys witnessed an addition of 2,024 units of Open Interest in the March month future, Aditya Birla Capital witnessed an addition of 7,458 units of Open Interest in the March month future, HDFC Bank witnessed an addition of 17,923 units of Open Interest in the March month futures, L&T Finance witnessed an addition of 6,921 units of Open Interest in the March month futures and ICICI Bank witnessed an addition of 9,439 units of Open Interest in the March month futures. (Provisional).