Daily Brief · Closing Bell · 17:05 IST🔴 Risk-off

Nifty ends weak as banks and crude oil drag sentiment

Sensex and Nifty slipped at the close, while Gift Nifty stayed near 24,651.5. Brent eased to $81.88, but the market still finished soft after banking pressure.

Watch:18:00 Average Hourly Earnings m/m18:00 Non-Farm Employment Change18:00 Unemployment Rate⚔ 24,600.00 = max-pain pivot

Why the tape looks like this

1

FII cash −₹18 cr vs DII +₹4,014 cr

Foreign selling met by domestic buying — net +₹3,996 cr on the session.

2

Options pin the tape at 24,600

PCR 0.73 (call-writer edge), spot 24,570.65. PCR has moved 0.90 → 0.73 since the open.

3

Restaurants leads (+6.58%), Packaged Foods lags

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

Global Cues

Overnight context
S&P 5007,710−0.2%
Dow53,885−0.9%
Nasdaq26,348−0.1%
FTSE 10010,946+0.7%
DAX26,367+0.9%
Nikkei65,607−0.1%
KOSPI6,259−0.6%
Hang Seng25,668+0.5%
Shanghai3,940+1.6%
Brent81.88−0.7%
WTI76.83−0.6%
Gold4,384+2.0%
USD/INR95.2+0.1%
DXY99.92−0.0%
US 10Y4.67+1.1%
Bitcoin64,982+1.1%
Ethereum1,915+0.7%

India VIX 12.16

Options Board

EOD wrap

PCR

0.90 → 0.73

call-writer edge

Max Pain

24,600

Spot

24,570.65

Open interest by strike

as of 15:44 IST
24,30024,35024,40024,45024,50024,55024,60024,65024,70024,75024,800
Call OI · resistance Put OI · supportATM 24,550

Institutional Flows

Provisional · cash market

FII CASH

−₹18 cr

DII CASH

+₹4,014 cr

NET

+₹3,996 cr

domestic cushion held

Key Developments

Since the open
R

Sensex, Nifty Dip as Banks, Elevated Crude Oil Prices Weigh on Sentiment

Rediff16:42 ISTcommodities
F

Market ends two-day gaining streak; Sensex drops 456 pts, Nifty slips below 24,600

Fortune India16:43 ISTmarkets

Sensex today | Stock Market Highlights: Sensex falls 456 points, Nifty slips as banking stocks drag markets lower

Why it matters — Sensex, Nifty, Share Prices Highlights: Indian equities snapped a two-day winning streak on Friday as heavy selling in b

BusinessLine16:23 ISTmarkets

RBI's Rate Pause Sustains Steady Momentum in Residential Real Estate

Why it matters — India's residential property sector remains robust, driven by consistent demand and advancements in infrastructure. The

ET Markets16:21 ISTpolicy

JK Tyre & Industries Q1 Results: Net profit tumbles 73% at Rs 44.09 crore

Why it matters — In the first quarter of FY27, JK Tyre & Industries reported a staggering 73 percent decline in profits, primarily due to

ET Markets16:29 ISTearnings

Ola Electric Q1 Results: Net Loss Narrows But Revenue Plunges 45%

Why it matters — Ebitda loss narrowed to Rs 165 crore from Rs 237 crore a year earlier.

NDTV Profit16:41 ISTearnings

Q1 Results Today Live: SBI, Titan and Hindalco post Q1 profit growth, Ola Electric & BEML Q1 loss narrowed y-o-y, Hitachi Energy, PFC, Oil India, Kaynes Tech, Ramco Cements, Afcons Infra, Lemon Tree, Cello to announce Q1 results

Why it matters — Q1 Results Today, 07th August 2026 Live Updates: Follow Q1FY27 live updates from businessline

BusinessLine16:35 ISTcommodities

Tomorrow

Results · macro · corporate actions

Macro & corporate actions

147
—Aarti Pharmalabs Limitedearnings
—Advait Energy Transitions Limitedearnings
—Afcons Infrastructure Limitedearnings
—Akshar Spintex Limitedearnings
—Alankit Limitedearnings
—Anuh Pharma Limitedearnings
—Aqylon Nexus Limitedearnings
—Archidply Industries Limitedearnings
—Arihant Superstructures Limitedearnings
—Aro Granite Industries Limitedearnings
—Arvee Laboratories (India) Limitedearnings
—Arvind SmartSpaces Limitedearnings

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