Snapping five-day losing streak, Indian equity benchmark -- Nifty ended sharply higher with gains of nearly a percent on Monday as crude oil prices tumbled after a pause in US-Iran military strikes, easing supply jitters in the West Asia region. Index made a gap-up start and remained higher throughout session, driven by broad based buying in across the sectors, led by IT stocks. Besides, traders took support as the Commerce Ministry stated the second round of negotiations for the proposed free trade agreement between India and Israel covering multiple issues such as trade in goods and services, rules of origin, technical barriers, intellectual property rights, customs procedures and trade facilitations have been concluded this week. Further, sentiments remained upbeat as industry body Assocham said the implementation of the India-UK free trade agreement is expected to boost India's exports to Britain to $115 billion by 2030. The agreement came into force on July 15 this year. Finally, Nifty ended near 24,000 mark.
All sectorial indices ended in Green. The top gainers from the F&O segment were Kfin Technologies, Laurus Labs and Container Corporation of India. On the other hand, the top losers were Oil & Natural Gas Corporation, Supreme Industries and Bank of India. In the index option segment, maximum OI continues to be seen in the 24100 - 24300 calls and 23900 - 24100 puts indicating this is the trading range expectation.
India Volatility Index (VIX), a gauge for market’s short-term expectation of volatility decreased by 9.76% and reached 12.66. The 50 share Nifty down by 228.50 point or 0.96% to settle at 23,995.95.
Nifty July 2026 futures closed at 24040.00 (LTP) on Monday, at a premium of 44.05 points over spot closing of 23995.95, while Nifty August 2026 futures ended at 24118.00 (LTP), at a premium of 122.05 points over spot closing. Nifty July futures saw a contraction of 12,965, taking the total open interest (Contracts) to 1,44,978 units. The near month derivatives contract will expire on July 28, 2026. (Provisional)
From the most active contracts, Infosys July 2026 futures trad
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