Daily Brief · Midday · 12:40 IST🟢 Risk-on

Nifty holds 24,000 as IT lifts trade; crude eases and Gift Nifty firm

Nifty stayed near 24,000 at midday, with IT strength offsetting wider weakness. Brent and WTI fell, while Gift Nifty held above spot.

Watch: Almondz Global Securities Limited Ambuja Cements Limited BIRLASOFT LIMITED⚔ 24,000.00 = max-pain pivot

Why the tape looks like this

1

Business Process Outsourcing (BPO)/ Knowledge Process Outsourcing (KPO) leads (+4.26%), IT Enabled Services lags

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

2

Options pin the tape at 24,000

PCR 0.89 (call-writer edge), spot 24,017.95. PCR has moved 1.10 → 0.89 since the open.

3

Sensex trades flat, Nifty near 24,000 ahead of US Fed meet; IT pack shines

Benchmark indices Sensex and Nifty traded largely flat on Tuesday. IT stocks advanced, led by Infosys, while broader mar

Options Board

Shift since open

PCR

1.10 → 0.89

call-writer edge

Max Pain

24,000

Spot

24,017.95

Open interest by strike

as of 12:40 IST
23,75023,80023,85023,90023,95024,00024,05024,10024,15024,20024,250
Call OI · resistance Put OI · supportATM 24,000

Key Developments

Since the open

Still to Come

Results · macro · corporate actions

Macro & corporate actions

62
—Almondz Global Securities Limitedearnings
—Ambuja Cements Limitedearnings
—BIRLASOFT LIMITEDearnings
—Consolidated Construction Consortium Limitedearnings
—Century Enka Limitedearnings
—Cholamandalam Investment and Finance Company Limitedearnings
—City Union Bank Limitedearnings
—DCM Shriram Limitedearnings
—Deep Industries Limitedearnings
—Dwarikesh Sugar Industries Limitedearnings
—Equitas Small Finance Bank Limitedearnings
—Ginni Filaments Limitedearnings

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