Daily Brief · Pre-Market · 08:20 IST🔴 Risk-off

Gap-down start likely as Gift Nifty slips 115 pts

Brent is above $95.99, WTI is at $88.23, and Gift Nifty is below 24,000 ahead of the open.

Watch: Fractal Analytics Limited Aastha Spintex Limited Allied Blenders and Distillers Limited24,100.00 = max-pain pivot

Why the tape looks like this

1

Gift Nifty at 23,994.50 (−0.47%)soft open signalled

S&P closed −0.14%, Nikkei +0.47% — that's the overnight handoff Indian futures are pricing.

2

Options pin the tape at 24,100

PCR 0.74 (call-writer edge), spot 23,996.25.

3

Brent $95.99 (+2.04%) · USD/INR 96.55

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

Global Cues

Overnight context
S&P 5007,499−0.1%
Dow52,219−0.0%
Nasdaq25,691−0.6%
FTSE 10010,717+1.2%
DAX25,155+0.6%
Nikkei66,424+0.5%
KOSPI6,926+1.9%
Hang Seng25,194+1.2%
Shanghai3,863−0.1%
Brent95.99+2.0%
WTI88.23+1.6%
Gold4,121−0.7%
USD/INR96.6−0.0%
DXY101.02−0.1%
US 10Y4.66+0.6%
Bitcoin65,748−0.5%
Ethereum1,925−0.4%

India VIX 13.29

Options Board

2026-07-28 expiry

PCR

0.74

call-writer edge

Max Pain

24,100

Spot

23,996.25

Open interest by strike

as of 15:44 IST
23,75023,80023,85023,90023,95024,00024,05024,10024,15024,20024,250
Call OI · resistance Put OI · supportATM 24,000

Key Developments

Overnight & pre-open

Day Ahead

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.