Bihar Election results : NDA seen making gains in early trends – Daily Market Update 14th Nov 2025

Benchmark Nifty index ended on a flat note at 25879 spot levels after adding just 3 points to its previous closing values.

Broader markets marginally underperformed the benchmark as Mid and Small cap indices were down 0.35% each.

Performance on the sectoral front was muted and mix. Amongst them, PSU Bank, Media and FMCG index were down around 0.5% each. On the other hand, Metal, Pharma and Realty index settled higher after adding 0.4% each.

Nifty index is likely to trade volatile in day trade on Bihar Assembly election vote counting. On levels front, immediate resistances are placed around 26025-26100 spot levels and supports are around 25780-25720 spot levels.

Derivatives Overview & Outlook

Yesterday, all major index futures remained almost unchanged on price front. Finnifty and Banknifty futures open interest shed by 3% & 7% respectively ahead of Bihar election outcome, on the other hand, Midcapnifty futures which added around 1% of open interest as short buildup.

Majority of sectoral indices settled on a negative note. Amongst them, Chemical , Infrastructure and Textile stocks witnessed maximum addition of short positions along with some long unwinding in Banking, Oil & Gas and Technology stocks.

On option front, call writing along with put unwinding was seen at multiple OTM strikes. Maximum positions are at 27000 CE followed by 26000 CE and 25000 PE.

Institutional Trading Activity

Yesterday, FIIs sold stocks worth Rs 384 Cr in the cash segment, bought index futures worth Rs 454 Cr also bought stocks futures worth Rs 924 Cr. DIIs were net buyers  in the cash segment to the tune of Rs 3092 Cr.

Nifty Futures, Banknifty Futures and Finnifty Futures Key Levels

Nifty – Resistances 26100-26200; Supports 25850-25750

Banknifty – Resistances 58800-59200; Supports 58350-57950

Finnifty – Resistances 27600-27700; Supports 27350-27200

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