Market News Update: NIFTY Closes Above 25,100 with Strong Put Writing Support
Goa, September 12, 2025: On Friday 12 September 2025, NIFTY index ended the day on a positive note, closing at 25,114, up 0.4% from the previous session. Market sentiment remained upbeat as strong Put writing activity indicated firm support at the 25,000 level.
According to derivatives data, the Put Call Ratio (PCR) stood at 1.33, reflecting a bullish bias among traders. While the Call Open Interest (OI) saw an addition of 94.85 lakh contracts, Put OI surged by 3.67 crore contracts, signaling aggressive positioning on the long side.
NIFTY opened at 25,005 and steadily climbed to close higher at 25,114, consolidating gains. Analysts highlight that the heavy Put writing around the 25,000 strike price has created a strong support base, while resistance is expected in the 25,200–25,250 range.
Market experts suggest that if NIFTY sustains above 25,050, the index could see further momentum towards 25,200–25,250. However, any breach below 25,000 may invite short-term selling pressure.
With expiry around the corner, traders are keeping a close watch on the strike-wise buildup for further directional cues.