Daily Brief · Pre-Market · 08:20 IST🔴 Risk-off

Gift Nifty points to a softer start as crude and dollar hold firm

Pre-open cues are softer, with Gift Nifty below the prior close and global risk mixed. Brent, WTI and DXY are firm, while Nifty positioning sits just under max pain.

Watch: RATNAMANI: Dividend - Rs 10 Per Share GLAND: Dividend - Rs 20 Per Sh GATEWAY: Interim Dividend - Rs 1.25 Per Share⚔ 24,600.00 = max-pain pivot

Why the tape looks like this

1

Gift Nifty at 24,642.00 (−0.32%) — soft open signalled

S&P closed −0.06%, Nikkei +2.08% — that's the overnight handoff Indian futures are pricing.

2

Options pin the tape at 24,600

PCR 0.85 (call-writer edge), spot 24,583.80.

3

Brent $87.77 (+0.06%) · USD/INR 95.30

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

Global Cues

Overnight context
S&P 5007,753−0.1%
Dow53,976−0.1%
Nasdaq26,605−0.3%
FTSE 10010,863−0.4%
DAX26,324+0.0%
Nikkei66,970+2.1%
KOSPI6,325+0.4%
Hang Seng25,858−0.3%
Shanghai3,957−0.2%
Brent87.77+0.1%
WTI82.20+0.1%
Gold4,478+1.3%
USD/INR95.3+0.0%
DXY99.82+0.0%
US 10Y4.70+0.8%
Bitcoin63,975+0.1%
Ethereum1,876+0.3%

India VIX 12.25

The read — Asian and US cues are mixed, while Brent, WTI and DXY stay elevated.

Options Board

2026-08-11 expiry

PCR

0.85

call-writer edge

Max Pain

24,600

Spot

24,583.80

Open interest by strike

as of 15:44 IST
24,35024,40024,45024,50024,55024,60024,65024,70024,75024,80024,850
Call OI · resistance Put OI · supportATM 24,600

The read — Spot sits near 24,600, with PCR at 0.8482 and max pain at 24,600.0.

Key Developments

Overnight & pre-open

The read — Early cues point to a muted open, with crude and dollar still firm.

Day Ahead

Results · macro · corporate actions

Macro & corporate actions

13
—RATNAMANI: Dividend - Rs 10 Per Sharecorp action
—GLAND: Dividend - Rs 20 Per Shcorp action
—GATEWAY: Interim Dividend - Rs 1.25 Per Sharecorp action
—DVL: Dividend - Rs 1.50 Per Sharecorp action
—CASTROLIND: Interim Dividend - Rs 6.25 Per Sharecorp action
—TAINWALCHM: Interim Dividend - Rs 3 Per Sharecorp action
—GODFRYPHLP: Dividend - Rs 33 Per Shcorp action
—SYMPHONY: Interim Dividend - Re 1 Per Sharecorp action
—KIRLOSIND: Dividend - Rs 13 Per Sharecorp action
—CHAMBLFERT: Dividend - Rs 6 Per Sharecorp action
—SIL: Dividend - Re 0.25 Per Sharecorp action
—KOPRAN: Dividend - Rs 3 Per Sharecorp action

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