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

Crude and a softer Gift Nifty keep the open pinned

Brent above $89.51 and WTI at $83.96 meet a weaker Gift Nifty, while Nifty sits below 24,500 and options lean slightly defensive.

Watch:18:00 Core CPI m/m18:00 Core CPI y/y18:00 CPI m/m⚔ 24,500.00 = max-pain pivot

Why the tape looks like this

1

Gift Nifty at 24,546.00 (−0.29%) — soft open signalled

S&P closed −0.32%, Nikkei +0.10% — that's the overnight handoff Indian futures are pricing.

2

Options pin the tape at 24,500

PCR 0.85 (call-writer edge), spot 24,471.70.

3

Brent $89.51 (+0.67%) · USD/INR 95.43

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

Global Cues

Overnight context
S&P 5007,728−0.3%
Dow53,792−0.3%
Nasdaq26,445−0.6%
FTSE 10010,844−0.2%
DAX26,391+0.3%
Nikkei67,040+0.1%
KOSPI6,585+3.8%
Hang Seng25,374−1.1%
Shanghai3,938+0.1%
Brent89.51+0.7%
WTI83.96+0.9%
Gold4,459+0.4%
USD/INR95.4+0.1%
DXY99.85+0.0%
US 10Y4.68−0.3%
Bitcoin63,709+0.3%
Ethereum1,883+0.1%

India VIX 11.86

Options Board

2026-08-18 expiry

PCR

0.85

call-writer edge

Max Pain

24,500

Spot

24,471.70

Open interest by strike

as of 15:44 IST
24,20024,25024,30024,35024,40024,45024,50024,55024,60024,65024,700
Call OI · resistance Put OI · supportATM 24,450

Key Developments

Overnight & pre-open

Day Ahead

Results · macro · corporate actions

Macro & corporate actions

17
18:00Core CPI m/mmacro
18:00Core CPI y/ymacro
18:00CPI m/mmacro
18:00CPI y/ymacro
—KCP: Interim Dividend - Re 0.50 Per Sharecorp action
—SANDUMA: Dividend - Rs 0.50 Per Sharecorp action
—NEAGI: Dividend - Rs 20 Per Sharecorp action
—INDPRUD: Dividend - Rs 120 Per Sharecorp action
—UNIPARTS: Interim Dividend - Rs 9 Per Sharecorp action
—NHIT: Distribution - Rs 3.187 Per Unit Consisting Of Rs 3.179 Per Unit As Interest & Re 0.008 Per Unit As Other Incomecorp action
—CAMS: Interim Dividend - Rs 2.50 Per Sharecorp action
—HGINFRA: Dividend - Rs 2 Per Sharecorp action

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