Futures & Options (F&O) highlights for today, 23rd July, 2025

Put writing being seen at 25,000 level

Create Longs with stop loss (SL) at 25000 Level

After opening with gains yesterday, 22^nd July,  Nifty 50 succumbed to profit booking, shedding over 100 points from its intraday high to close with a minor loss of 29 points (0.12%) at 25060.

Minor Short Build-Up was seen in the Nifty Futures where Open Interest rose by 0.45% as Nifty 50 fell by 0.12%.

Long Unwinding was seen in the Bank Nifty Futures where Open Interest fell by 0.40% as Bank Nifty fell by 0.35%.

Nifty Open Interest Put Call ratio fell to 0.84 level from 0.96 level.

Amongst the Nifty options (24-Jul Expiry), Call writing is being seen at 25200-25300 levels, indicating Nifty is likely to find strong resistance in the vicinity of 25200-25300 levels. On the lower side, an immediate support is placed in the vicinity of 25000-25100 levels where we see Put writing.

Short build-up was seen from the side of FIIs in the Index Futures segment where they net sold contracts worth 798 cr with their Open Interest going up by 1642 contracts.

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Source: HDFC Securities Prime Research