Daily Brief · Pre-Market · 08:20 am 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.

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 24,350.00

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.

Watch:19:30 ISM Manufacturing PMI Amir Chand Jagdish Kumar (Exports) Limited Artemis Medicare Services Limited24,350.00 = max-pain pivot

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 10010,868.05−0.27%
DAX25,629.24+0.07%

Equities · Asia

Nikkei63,240.51−1.74%
KOSPI6,310.02−4.33%
Hang Seng25,863.26−0.08%
Shanghai3,807.55−0.64%

Commodities · FX · Rates

Brent90.120.00%
WTI80.23−5.24%
Gold4,114.10+0.17%
USD/INR95.37−0.01%
DXY99.68−0.24%
US 10Y4.75+1.76%
Bitcoin63,113.06−0.61%
Ethereum1,864.54−0.99%

India VIX 11.76

Options Board

2026-08-04 expiry

PCR

1.49

put-writer edge

Max Pain

24,350.00

Spot

24,383.60

Open interest by strike

as of 03:44 pm
24,150.0024,200.0024,250.0024,300.0024,350.0024,400.0024,450.0024,500.0024,550.0024,600.0024,650.00
Call OI · resistance Put OI · supportATM 24,400.00

Radar

Top 5 from Patterns Live

No published setups for this edition.

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

bl_markets·07:54 amcommodities

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

ET Markets·07:35 ammarkets

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

Mint·07:24 ampolicy

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

Mint·07:30 ammarkets

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 Markets·07:52 amcommodities

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_profit·07:47 ammarkets

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 Markets·08:03 ammarkets

Day Ahead

Results · macro · corporate actions

Macro & corporate actions

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

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