Daily Brief · Closing Bell · 05:05 pm IST🟢 Risk-on

Nifty set up for a firmer close as crude eases and flows stay supportive

Gift Nifty is up +1.13%, Brent is down -5.00%, and the top market read is still constructive into the close.

FII cash +₹277 cr vs DII +₹2,260 cr

Foreign buying met by domestic buying — net +₹2,538 cr on the session.

Options pin the tape at 24,550.00

PCR 1.57 (put-writer edge), spot 24,774.30. PCR has moved 1.48 → 1.57 since the open.

Trading - Gas leads (+8.66%), Sugar lags

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

Watch:19:30 ISM Manufacturing PMI Amir Chand Jagdish Kumar (Exports) Limited Artemis Medicare Services Limited⚔ 24,550.00 = max-pain pivot

Today's Story

How the session unfolded

Closing sentiment stayed firm, with the rally led by lower crude and continued support from flows. Gift Nifty at 24,657.5 pointed to a stronger open bias, while Brent at $83.53 and WTI at $79.7 helped the risk tone. The rupee was steady, and the options setup kept a bullish tilt with PCR at 1.57 versus 1.48 at open.

Global Cues

Overnight context

Equities · US & Europe

S&P 5007,489.72+0.70%

Dow52,485.03+0.53%

Nasdaq25,373.85+1.00%

FTSE 10010,878.20+0.09%

DAX26,007.84+1.48%

Equities · Asia

Nikkei63,754.90−0.94%

KOSPI6,257.45−5.12%

Hang Seng26,009.40+0.48%

Shanghai3,809.66−0.59%

Commodities · FX · Rates

Brent83.53−5.00%

WTI79.70−5.87%

Gold4,103.80−0.08%

USD/INR95.39+0.01%

DXY99.84−0.08%

US 10Y4.75+1.76%

Bitcoin62,680.75−1.29%

Ethereum1,844.01−2.08%

India VIX 11.93

Options Board

EOD wrap

PCR

1.48 → 1.57

put-writer edge

Max Pain

24,550.00

Spot

24,774.30

Open interest by strike

as of 03:44 pm

24,500.0024,550.0024,600.0024,650.0024,700.0024,750.0024,800.0024,850.0024,900.0024,950.0025,000.00

Call OI · resistance Put OI · supportATM 24,750.00

Institutional Flows

Provisional · cash market

FII CASH

+₹277 cr

DII CASH

+₹2,260 cr

NET

+₹2,538 cr

domestic cushion held

Radar

Completed + new setups

No published setups for this edition.

Key Developments

Since the open

Markets Rally As Falling Crude, FII Inflows Lift Sensex, Nifty Ahead Of RBI Policy

News Mobile·04:45 pmpolicy

Sensex jumps 544 points, Nifty gains 391 as crude oil prices decline

DD India·04:39 pmcommodities

SENSEX, NIFTY50 close at five-month highs as drop in crude boosts sentiment

Upstox·04:29 pmcommodities

India's Nifty and Sensex diverge following launch of new auction mechanism

marketscreener.com·05:00 pmmarkets

Why Did Nifty Jump Over 200 Points in Last 5 Minutes Today? Here's What Changed Under Sebi's New Closing Au

News18·04:20 pmmarkets

SpaceX's first results put Elon Musk's AI spending under Wall Street's microscope

Why it matters — SpaceX's upcoming earnings report is set to provide insights into Starlink's profitability as it expands into AI and spa

ET Markets·04:04 pmearnings

Q1 Results Today Live: UPL & Ather Energy narrows Q1 loss, Sundaram Finance, CAMS, Ethos Q1 PAT up, MobiKwik logs ₹8 cr profit, Jindal Stainless PAT dips, DLF, Torrent Power, IREDA, KEI, Inox, Nazara, KIMS, DOMS Q1 results today

Why it matters — Q1 Results Today, 03rd August 2026 Live Updates: Get real-time Q1 FY27 earnings updates, profit growth, revenue numbers

bl_markets·04:34 pmearnings