Daily Brief · Pre-Market · 08:20 IST⚡ Mixed

Gift Nifty points to a firmer open; Brent jumps 3.63%

Brent and WTI rose sharply overnight, while Gift Nifty stayed below the 24,000 mark and the 24,000 max pain level. Global cues were mixed, with Wall Street higher and Asia softer.

Watch:23:30 Federal Funds Rate23:30 FOMC Statement Accelya Solutions India Limited24,000.00 = max-pain pivot

Why the tape looks like this

1

Gift Nifty at 23,988.50 (−0.06%)soft open signalled

S&P closed +0.21%, Nikkei −1.08% — that's the overnight handoff Indian futures are pricing.

2

Options pin the tape at 24,000

PCR 0.93 (call-writer edge), spot 23,985.35.

3

Brent $87.14 (+3.63%) · USD/INR 95.84

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

Global Cues

Overnight context
S&P 5007,429+0.2%
Dow52,747+1.0%
Nasdaq24,877−0.2%
FTSE 10010,871+0.8%
DAX25,464+0.4%
Nikkei61,690−1.1%
KOSPI5,745−4.6%
Hang Seng25,727+1.6%
Shanghai3,811−0.1%
Brent87.14+3.6%
WTI82.18+3.7%
Gold4,034−0.1%
USD/INR95.80.0%
DXY101.34−0.1%
US 10Y4.60−0.8%
Bitcoin63,845−0.0%
Ethereum1,907−0.7%

India VIX 12.56

Options Board

2026-08-04 expiry

PCR

0.93

call-writer edge

Max Pain

24,000

Spot

23,985.35

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

104
Accelya Solutions India Limitedearnings
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Ashoka Metcast Limitedearnings
Asian Paints Limitedearnings
Bajaj Housing Finance Limitedearnings
Balkrishna Industries Limitedearnings
BGR Energy Systems Limitedearnings

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