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

GIFT Nifty points to a firm start as crude and Asia slip

GIFT Nifty is up +1.14% at 24,035, while Shanghai, Brent, WTI, Bitcoin and DXY are lower. Nifty options show PCR at 1.13 and max pain at 24,000.

Watch: Almondz Global Securities Limited Ambuja Cements Limited BIRLASOFT LIMITED24,000.00 = max-pain pivot

Why the tape looks like this

1

Gift Nifty at 24,035.00 (+1.14%)firm open signalled

S&P closed +0.02%, Nikkei −4.44% — that's the overnight handoff Indian futures are pricing.

2

Options pin the tape at 24,000

PCR 1.13 (put-writer edge), spot 23,995.95.

3

Brent $87.07 (−1.46%) · USD/INR 95.90

Softer crude eases the import bill and OMC marketing margins.

Global Cues

Overnight context
S&P 5007,413+0.0%
Dow52,210+0.5%
Nasdaq24,932−0.2%
FTSE 10010,782+0.4%
DAX25,361+1.0%
Nikkei62,046−4.4%
KOSPI6,144−9.0%
Hang Seng25,260+0.2%
Shanghai3,813−1.2%
Brent87.07−1.5%
WTI81.26−1.6%
Gold4,045−0.8%
USD/INR95.90.0%
DXY101.50−0.0%
US 10Y4.64−0.8%
Bitcoin63,058−1.0%
Ethereum1,872−1.0%

India VIX 12.66

Options Board

2026-07-28 expiry

PCR

1.13

put-writer edge

Max Pain

24,000

Spot

23,995.95

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

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.