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 LIMITED⚔ 24,000.00 = 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.