Avsar.
Daily Brief · Pre-Market · 08:20 IST⚡ Mixed

GIFT Nifty points to a weak start as Brent stays above $90

GIFT Nifty is above 24,375 while Brent is at $90.20. Asian cues are mixed, US markets were lower, and Nifty options show PCR at 1.6168 with max pain at 24,250.

Watch: Action Construction Equipment Limited Adroit Infotech Limited Authum Investment & Infrastructure Limited⚔ 24,250.00 = max-pain pivot

Why the tape looks like this

1

Gift Nifty at 24,375.00 (+0.84%) — firm open signalled

S&P closed −1.01%, Nikkei −4.03% — that's the overnight handoff Indian futures are pricing.

2

Options pin the tape at 24,250

PCR 1.62 (put-writer edge), spot 24,334.30.

3

Brent $90.20 (+2.38%) · USD/INR 96.27

Crude and the rupee set the imported-inflation backdrop for rate expectations.

Global Cues

Overnight context
S&P 5007,458−1.0%
Dow52,146−0.8%
Nasdaq25,520−1.4%
FTSE 10010,600+0.3%
DAX24,831−0.3%
Nikkei64,141−4.0%
KOSPI6,514−4.5%
Hang Seng25,020+1.9%
Shanghai3,785+0.5%
Brent90.20+2.4%
WTI83.63+2.3%
Gold4,017−0.0%
USD/INR96.30.0%
DXY100.73−0.0%
US 10Y4.54−0.6%
Bitcoin64,866+0.3%
Ethereum1,881+0.5%

India VIX 13.15

Options Board

2026-07-21 expiry

PCR

1.62

put-writer edge

Max Pain

24,250

Spot

24,334.30

Open interest by strike

as of 15:44 IST
24,10024,15024,20024,25024,30024,35024,40024,45024,50024,55024,600
Call OI · resistance Put OI · supportATM 24,350

Key Developments

Overnight & pre-open

Sensex Today | Nifty 50 | Stock Market Live Updates: GIFT Nifty signals a negative start; Asian shares trade mixed

ET Markets07:20 ISTmarkets

Nifty 50, Sensex prediction today: Check how Indian stock market is expected to trade on 20 July

Why it matters — Nifty 50, Sensex prediction today: The trends on Gift Nifty also indicate a tepid start for the Indian benchmark index.

Mint07:49 ISTmarkets

Gift Nifty, US-Iran war, oil prices to Q1 results: 8 key things that changed for Indian stock market over weekend

Why it matters — Gift Nifty was trading around 24,293 level, a discount of nearly 29 points from the Nifty futures’ previous close, indic

Mint07:15 ISTcommodities

Nifty, Sensex, Nifty Bank outlook for today: GIFT Nifty down 37 pts; key levels to watch

Business Today07:33 ISTmarkets
G

Stock Market Outlook Today, 20 July 2026: Sensex, Nifty May Extend Rally as Q1 Earnings Take Centre Stage

Goodreturns01:51 ISTearnings
D

Pre-Market Update: Nifty 50 Likely to Open Lower on July 20 as Crude Oil Surges Above $90

Dalal Street Investment Journal07:45 ISTcommodities

Nifty ready for 24,500-24,750 levels after breakout rally: Analysts

Why it matters — Analysts expect the rally to extend towards 24,500-24,750, with some seeing the potential for 25,000, although they beli

ET Markets06:14 ISTmarkets

Day Ahead

Results · macro · corporate actions

Macro & corporate actions

50
—Action Construction Equipment Limitedearnings
—Adroit Infotech Limitedearnings
—Authum Investment & Infrastructure Limitedearnings
—Alkali Metals Limitedearnings
—Aurum PropTech Limitedearnings
—Bajaj Healthcare Limitedearnings
—Beta Drugs Limitedearnings
—BlueStone Jewellery and Lifestyle Limitedearnings
—California Software Company Limitedearnings
—Canara HSBC Life Insurance Company Limitedearnings
—Central Mine Planning & Design Institute Limitedearnings
—CSM Technologies Limitedearnings

Educational market commentary only. Not SEBI-registered investment advice.