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

Gift Nifty points to a firm open as crude slides

Gift Nifty is up +0.34% and crude is weaker, while the options setup still shows 24,350 as max pain.

Watch:19:30 ISM Manufacturing PMI Amir Chand Jagdish Kumar (Exports) Limited Artemis Medicare Services Limited⚔ 24,350.00 = max-pain pivot

Why the tape looks like this

1

Gift Nifty at 24,478.50 (+0.34%) — firm open signalled

S&P closed +0.70%, Nikkei −1.74% — that's the overnight handoff Indian futures are pricing.

2

Options pin the tape at 24,350

PCR 1.49 (put-writer edge), spot 24,383.60.

3

Brent $90.12 (0.00%) · USD/INR 95.37

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

Global Cues

Overnight context
S&P 5007,490+0.7%
Dow52,485+0.5%
Nasdaq25,374+1.0%
FTSE 10010,868−0.3%
DAX25,629+0.1%
Nikkei63,241−1.7%
KOSPI6,310−4.3%
Hang Seng25,863−0.1%
Shanghai3,808−0.6%
Brent90.120.0%
WTI80.23−5.2%
Gold4,114+0.2%
USD/INR95.4−0.0%
DXY99.68−0.2%
US 10Y4.75+1.8%
Bitcoin63,113−0.6%
Ethereum1,865−1.0%

India VIX 11.76

Options Board

2026-08-04 expiry

PCR

1.49

put-writer edge

Max Pain

24,350

Spot

24,383.60

Open interest by strike

as of 15:44 IST
24,15024,20024,25024,30024,35024,40024,45024,50024,55024,60024,650
Call OI · resistance Put OI · supportATM 24,400

Key Developments

Overnight & pre-open

Sensex today | Stock Market Live: Sensex, Nifty set for strong open as Gift Nifty signals 150-point rally; Crude slumps to $81.5 on Iran deal optimism

Why it matters — Sensex, Nifty, Stock Price Live Updates: The fresh week is set to begin on a positive note for Indian stocks, thanks to

BusinessLine07:54 ISTcommodities

Sensex Today | Stock Market LIVE Updates: GIFT Nifty signals a positive start; Asian shares trade mixed

ET Markets07:35 ISTmarkets

From Gift Nifty to RBI MPC meeting: 8 key things that changed for Indian stock market overnight

Why it matters — Gift Nifty was trading around the 24,580 level, a premium of nearly 200 points from the Nifty futures’ previous close, i

Mint07:24 ISTpolicy

Nifty 50, Sensex prediction today: Check how Indian stock market is expected to trade on 3 August

Why it matters — The Indian stock market is set to open positively on 3 August, bolstered by easing crude oil prices. The Sensex and Nift

Mint07:30 ISTmarkets

Oil Price Today (August 3): Crude oil crashes 5% below $84 as Trump delays attack on Iran. What are experts saying?

Why it matters — Brent crude futures fell $4.37, or 5%, to $83.56 a barrel, while U.S. West Texas Intermediate crude declined $4.63, or 5

ET Markets07:52 ISTcommodities

Stock Market Live: GIFT Nifty Points To Positive Open For Nifty, Sensex; Kospi Slides 4% Even As Brent Falls

Why it matters — The GIFT Nifty, an early indicator of Nifty 50's performance, traded at 24,489, compared to Friday's index close of 24,3

NDTV Profit07:47 ISTmarkets

Nifty's next big move hinges on 24,800, says Geojit's Anand James

Why it matters — James believes derivatives positioning and options data suggest traders are shifting their bullish expectations higher,

ET Markets08:03 ISTmarkets

Day Ahead

Results · macro · corporate actions

Macro & corporate actions

76
—Amir Chand Jagdish Kumar (Exports) Limitedearnings
—Artemis Medicare Services Limitedearnings
—Ather Energy Limitedearnings
—Avadh Sugar & Energy Limitedearnings
—Bhagiradha Chemicals & Industries Limitedearnings
—Bharat Gears Limitedearnings
—Blue Jet Healthcare Limitedearnings
—Borosil Scientific Limitedearnings
—Butterfly Gandhimathi Appliances Limitedearnings
—Computer Age Management Services Limitedearnings
—Chemcon Speciality Chemicals Limitedearnings
—Coastal Corporation Limitedearnings

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