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

Gift Nifty points to a higher start as Wall Street and Asia rally

Gift Nifty is up +0.40% and overseas cues are firm. Brent is lower at $87.80, while Nifty options show PCR at 1.29 with max pain at 24,250.

Watch: Raymond Lifestyle Limited Aditya Birla Capital Limited 20 Microns Limited24,250.00 = max-pain pivot

Why the tape looks like this

1

Gift Nifty at 24,385.50 (+0.40%)firm open signalled

S&P closed +1.66%, Nikkei +4.37% — that's the overnight handoff Indian futures are pricing.

2

Options pin the tape at 24,250

PCR 1.29 (put-writer edge), spot 24,317.15.

3

Brent $87.80 (−1.38%) · USD/INR 95.67

Softer crude eases the import bill and OMC marketing margins.

Global Cues

Overnight context
S&P 5007,438+1.7%
Dow52,208+1.2%
Nasdaq25,122+2.8%
FTSE 10010,897−0.1%
DAX25,612+0.6%
Nikkei64,572+4.4%
KOSPI6,373+13.9%
Hang Seng25,855−0.0%
Shanghai3,832+0.7%
Brent87.80−1.4%
WTI82.14−1.7%
Gold4,140−0.5%
USD/INR95.70.0%
DXY100.17+0.3%
US 10Y4.66+0.9%
Bitcoin64,247−0.7%
Ethereum1,903−0.8%

India VIX 12.16

Options Board

2026-08-04 expiry

PCR

1.29

put-writer edge

Max Pain

24,250

Spot

24,317.15

Open interest by strike

as of 15:44 IST
24,05024,10024,15024,20024,25024,30024,35024,40024,45024,50024,550
Call OI · resistance Put OI · supportATM 24,300

Key Developments

Overnight & pre-open

Day Ahead

Results · macro · corporate actions

Macro & corporate actions

102
Raymond Lifestyle Limitedearnings
Aditya Birla Capital Limitedearnings
20 Microns Limitedearnings
Aadhar Housing Finance Limitedearnings
Aarti Drugs Limitedearnings
Aether Industries Limitedearnings
Aptus Value Housing Finance India Limitedearnings
Avonmore Capital & Management Services Limitedearnings
Bajaj Finserv Limitedearnings
Bajaj Holdings & Investment Limitedearnings
Banswara Syntex Limitedearnings
BEML Land Assets Limitedearnings

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