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On the options front, the maximum Call OI is placed at 25,200 and then towards 25,100 strikes, while the maximum Put OI is at 25,000 and then towards 24,500 strikes. Call writing is seen at 25,200 and then towards 25,100 strikes, while Put writing is seen at 24,500 and then towards 25,050 strikes.

According to one of the bankers, the initial guidance set out to offer a yield of 7% for the 20-year maturity, Reuters reported. The bond proceeds were intended to release funds from an existing $3.4 billion revolving credit facility with banks, which could then be used to finance new projects, according to sources familiar with the matter.

PNC Infratech shares increased by 5.5% after the company announced it received two letters of acceptance from Maharashtra State Road Development Corporation. The road projects are worth Rs 4,630 crore. These projects include the construction of roads in Pune and from Jalna to Nanded. The shares of PNC Infratech have seen significant movement in the last year.

This can indicate potential upward movement and may be used by traders to identify buying opportunities.

Shares of Reliance Industries have fallen 16% in the last 3 months. Analysts believe the stock has become attractive with room for positive surprises. Major triggers include Jio tariff hikes, value unlocking in Jio and retail, potential growth in retail, and new energy business ventures. Investors remain optimistic about future performance.

Gold December futures opened flat at Rs 76,393, while silver dropped slightly to ₹91,620. Positive trends supported by cautious market sentiment and geopolitical tensions, with bullish outlooks from analysts.