Daily Brief · Pre-Market · 08:20 IST🟢 Risk-on

Crude jump weighs on rupee; GIFT Nifty points to a softer start

Brent at 91.98, WTI at 85.09 and a 0.91 PCR keep the tone cautious. Shanghai, Dow and S&P 500 were firmer, while Hang Seng was lower.

Watch: Adani Green Energy Limited Adani Power Limited Aye Finance Limited24,200.00 = max-pain pivot

Why the tape looks like this

1

Gift Nifty at 24,155.50 (+0.13%)firm open signalled

S&P closed +0.89%, Nikkei +1.93% — that's the overnight handoff Indian futures are pricing.

2

Options pin the tape at 24,200

PCR 0.92 (call-writer edge), spot 24,187.70.

3

Brent $91.98 (+1.07%) · USD/INR 96.23

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

Global Cues

Overnight context
S&P 5007,509+0.9%
Dow52,225+0.7%
Nasdaq25,837+1.3%
FTSE 10010,586+0.6%
DAX25,011+0.7%
Nikkei67,511+1.9%
KOSPI7,130+5.7%
Hang Seng24,913−0.9%
Shanghai3,880+0.4%
Brent91.98+1.1%
WTI85.09+0.9%
Gold4,129+1.3%
USD/INR96.20.0%
DXY101.14−0.0%
US 10Y4.63+0.7%
Bitcoin66,327−0.3%
Ethereum1,929+0.0%

India VIX 12.60

Options Board

2026-07-28 expiry

PCR

0.92

call-writer edge

Max Pain

24,200

Spot

24,187.70

Open interest by strike

as of 15:45 IST
23,95024,00024,05024,10024,15024,20024,25024,30024,35024,40024,450
Call OI · resistance Put OI · supportATM 24,200

Key Developments

Overnight & pre-open

Day Ahead

Results · macro · corporate actions

Macro & corporate actions

56
Adani Green Energy Limitedearnings
Adani Power Limitedearnings
Aye Finance Limitedearnings
Bansal Wire Industries Limitedearnings
CIE Automotive India Limitedearnings
Waterways Leisure Tourism Limitedearnings
CSB Bank Limitedearnings
Dr. Reddy's Laboratories Limitedearnings
Emami Paper Mills Limitedearnings
ETERNAL LIMITEDearnings
Gandhar Oil Refinery (India) Limitedearnings
Geojit Financial Services Limitedearnings

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