Daily Derivative Report - 23th February` 2026 by Religare Broking Ltd
Market Outlook
Markets traded with volatility on Friday but managed to end in the green amid mixed cues. The Nifty opened lower due to lingering geopolitical concerns and subdued global signals; however, buying in select heavyweight stocks helped the index recover and settle in positive territory as the session progressed. The index ultimately closed at 25571. On the derivative front, 25,500 and below strikes witnessed Put OI build-up, indicating immediate support zone at 25200-25400. Meanwhile, Call OI reduction at 25,500 and higher strikes suggests long unwinding, though 25,800 continues to remain a key short-term resistance level.

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