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

Global sell-off and $100 Brent set a weak Indian market start

Gift Nifty at 23,876.5 points to a soft open as Brent holds above $100, Wall Street and Asia trade lower, and Nifty options show PCR 0.6805 with max pain at 24,000.

Watch: Acutaas Chemicals Limited Alldigi Tech Limited Apar Industries Limited⚔ 24,000.00 = max-pain pivot

Why the tape looks like this

1

Gift Nifty at 23,876.50 (−0.06%) — soft open signalled

S&P closed −1.21%, Nikkei −2.79% — that's the overnight handoff Indian futures are pricing.

2

Options pin the tape at 24,000

PCR 0.68 (call-writer edge), spot 23,869.60.

3

Brent $100.41 (−0.28%) · USD/INR 96.57

Softer crude eases the import bill and OMC marketing margins.

Global Cues

Overnight context
S&P 5007,408−1.2%
Dow51,712−1.0%
Nasdaq25,138−2.2%
FTSE 10010,639−0.7%
DAX24,763−1.6%
Nikkei64,569−2.8%
KOSPI6,776−4.5%
Hang Seng24,936−1.1%
Shanghai3,837−1.0%
Brent100.41−0.3%
WTI91.71−0.5%
Gold4,045−0.1%
USD/INR96.6+0.0%
DXY101.38−0.1%
US 10Y4.70+1.0%
Bitcoin64,933−0.2%
Ethereum1,865−0.6%

India VIX 13.48

Options Board

2026-07-28 expiry

PCR

0.68

call-writer edge

Max Pain

24,000

Spot

23,869.60

Open interest by strike

as of 15:44 IST
23,60023,65023,70023,75023,80023,85023,90023,95024,00024,05024,100
Call OI · resistance Put OI · supportATM 23,850

Key Developments

Overnight & pre-open

From Gift Nifty, Infosys Q1 results to crude oil prices: 10 key things that changed for Indian stock market overnight

Why it matters — Gift Nifty was trading around 23,705 level, a discount of nearly 169 points from the Nifty futures’ previous close, indi

Mint07:21 ISTcommodities

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

ET Markets07:26 ISTmarkets

Nifty 50, Sensex prediction today: Check how Indian stock market is expected to trade on 24 July

Why it matters — Nifty 50, Sensex prediction today: The trends on Gift Nifty also indicate a gap-down start for the Indian benchmark inde

Mint07:32 ISTmarkets
M

GIFT Nifty crashes 200 pts, signals sharp gap-down opening for Sensex, Nifty as Brent tops $100

Moneycontrol.com08:11 ISTmarkets
N

Gift Nifty Signals Weak Start, Falls 200 Points Amid Costlier Crude Oil, US-Iran War

News1808:14 ISTcommodities
M

Stock markets fall for 4th day; Sensex down 363 pts on surging crude oil prices

Metro Vaartha08:03 ISTcommodities
C

Q1 Results LIVE Update: Infosys, IndiGo react to earnings; Four Nifty names report today

CNBC TV1807:28 ISTearnings

Day Ahead

Results · macro · corporate actions

Macro & corporate actions

84
—Acutaas Chemicals Limitedearnings
—Alldigi Tech Limitedearnings
—Apar Industries Limitedearnings
—Arihant Capital Markets Limitedearnings
—Automotive Stampings and Assemblies Limitedearnings
—Associated Alcohols & Breweries Ltd.earnings
—Atul Limitedearnings
—Bank of Barodaearnings
—Bank of Indiaearnings
—CG Power and Industrial Solutions Limitedearnings
—Container Corporation of India Limitedearnings
—CREDITACCESS GRAMEEN LIMITEDearnings

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