The two sides have narrowed their differences on trade-related matters, and there are no major differences between India and the US on trade issues, the person said.
India says it’s narrowing the gap with the US on trade deal dispute – Daily Market Update 20th Oct 2025
Overview and Outlook
Global Stock Market Today
- US equity markets settled higher over 0.50%.
- European equity markets ended lower in range 0.18% to 1.85%.
- Asian equity markets are trading with a positive bias.
- GIFT Nifty is up by 220 points, Nifty futures likely to open around 25980 levels.
Benchmark Nifty index ended the week on a stellar note at 25710 spot levels after gaining 125 on daily basis and 1.7% on a weekly basis.
Broader markets underperformed the benchmark as Mid and Small cap indices settled on a slightly negative note.
Performance on the sectoral front was mix. Nifty FMCG index was the top performer, rose 1.37% followed by Health care and Pharma index that rose 0.76% and 0.68% respectively. On the flip side, IT and Media index was the worst performer, down over 1.5% each.
Technically, Nifty index formed a big bullish candlestick on a weekly chart following a Triangle formation breakout on Oct 16, 2025 setting up targets around 26300 spot levels. Going ahead, we continue to maintain our bullish view on Nifty index and suggest traders to maintain buy on dips trading approach till it is holding above 25200 spot levels on closing basis.
Derivatives Overview & Outlook
Last Friday, Nifty and Banknifty futures sheded around 4% and 1.5% of open interest as short covering, while some long unwinding was observed in Midcapnifty futures that shed 1.8% of open interest whereas no significant activities was seen in Finnifty futures on open interest front.
Performance on the sectoral front was mix. Amongst them, Some long unwinding were seen among Chemical and Realty stocks, while majority of other indices down on short buildup.
On option front, put writing along with some call addition was seen at OTM strikes. Maximum positions are at 26000 CE followed by 25800 CE. On the put side maximium positions are at 25500 PE followed by 25000 PE.
Institutional Trading Activity
Last week, FIIs bought stocks worth Rs 6135 Cr in the cash segment, bought index futures worth Rs 3587 Cr and sold stocks futures worth Rs 4493 Cr. DIIs were net buyers in the cash segment to the tune of Rs 16247 Cr during the week.
Nifty Futures, Banknifty Futures and Finnifty Futures Key Levels
Nifty – Resistances 25850-26000; Supports 25600-25500
Banknifty – Resistances 57800-58000; Supports 57200-56800
Finnifty – Resistances 27650-27800; Supports 27400-27300
F&O Security in Ban Today: SAMMAAN CAPITAL & RBL BANK
Disclosure
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