Futures & Options (F&O) highlights for today, 29th July, 2025

Short build up being seen in Nifty Futures

Create Shorts with stop loss (SL) at 24800 Level

The Nifty yesterday experienced its third consecutive session of declines, falling by 156 points (0.63%) to close at 24680. After opening 55 points lower, the index attempted an early morning recovery. However, post-10:30 A.M., the downtrend resumed, dragging the Nifty more than 240 points from its day’s high of 24889.

Short Build-Up was seen in  Nifty Futures where Open Interest rose by 1.37% with Nifty falling by 0.63%. Long Unwinding was seen in the Bank Nifty Futures where Open Interest fell by 3.74% with Bank Nifty falling by 0.25%.

Nifty Open Interest Put Call ratio fell to 0.64 levels from 0.70 levels. PCR is near oversold territory.

Amongst Nifty options (31-Jul Expiry), Call writing is seen at 24800-24900 levels, indicating Nifty is likely to find strong resistance in the vicinity of 24800-24900 levels. On the lower side, an immediate support is placed in the vicinity of 24500-24600 levels where we have seen Put writing.

Short build-up was seen from the side of FIIs in the Index Futures segment where they net sold contracts worth Rs 1,179 cr with their Open Interest going up by 10730 contracts.

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Source: HDFC Securities Prime Research