Avsar.
Daily Brief · Midday · 12:40 IST🔴 Risk-off

Crude spikes as Nifty stays weak near 23,885

Brent is up +2.93% and WTI +2.12% while Gift Nifty is down -0.06%; Nifty options PCR is 0.7534 with max pain at 24,000.

Watch: Fractal Analytics Limited Aastha Spintex Limited Allied Blenders and Distillers Limited⚔ 24,000.00 = max-pain pivot

Why the tape looks like this

1

Other Telecom Services leads (+5.41%), Biotechnology lags

14 of 14 sector groups are positive — breadth backs the move.

2

Options pin the tape at 24,000

PCR 0.75 (call-writer edge), spot 23,885.15.

3

Sensex, Nifty Extend Losing Streak As Crude Rally And Weak Earnings Weigh On Sentiment

Top-ranked story this edition · BW Businessworld.

Options Board

Shift since open

PCR

0.74 → 0.75

call-writer edge

Max Pain

24,000

Spot

23,885.15

Open interest by strike

as of 12:40 IST
23,65023,70023,75023,80023,85023,90023,95024,00024,05024,10024,150
Call OI · resistance Put OI · supportATM 23,900

Key Developments

Since the open
B

Sensex, Nifty Extend Losing Streak As Crude Rally And Weak Earnings Weigh On Sentiment

BW Businessworld12:16 ISTcommodities

Sensex and Nifty decline in early trade on surging crude oil prices

The Hindu11:27 ISTcommodities

Rupee likely shielded by RBI intervention as oil surges

Why it matters — The Indian rupee remained largely unchanged on Thursday. Higher oil prices and central bank actions influenced its move

ET Markets10:55 ISTpolicy
H

Market Open Report, July 23, 2026: Sensex Drops 270 pts, Nifty Loses 66 pts at Open Amid Higher Oil, Escalating Iran War, Weak US Cues

HDFC Sky11:01 ISTcommodities
T

Stock market today: Sensex, Nifty Fall as US-Iran Tensions and Oil Prices Weigh on Markets; Check Top Gainers & Losers- What Investors Should Know

The Sunday Guardian11:01 ISTcommodities
O

Stock Market News: Sensex, Nifty Decline As Red Sea Attacks Raise Oil Supply Fears

Outlook Money10:23 ISTcommodities
E

Sensex Today Trades Lower | Nifty Below 23,950 | HDFC Bank & Infosys Top Losers

Equitymaster10:20 ISTmarkets

Still to Come

Results · macro · corporate actions

Macro & corporate actions

71
—Fractal Analytics Limitedearnings
—Aastha Spintex Limitedearnings
—Allied Blenders and Distillers Limitedearnings
—ARSS Infrastructure Projects Limitedearnings
—Aye Finance Limitedearnings
—Banaras Beads Limitedearnings
—Capital Small Finance Bank Limitedearnings
—Cemindia Projects Limitedearnings
—Chennai Petroleum Corporation Limitedearnings
—Cipla Limitedearnings
—Control Print Limitedearnings
—Coromandel International Limitedearnings

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