Daily Brief · Closing Bell · 17:05 IST Mixed

Nifty closes below 24,400 as oil and global cues stay mixed

Nifty ended below 24,400, with Brent firmer, Hang Seng lower, and Gift Nifty at 24,405.5. The options setup points to 24,400 as the key level.

Watch:18:00 Core Retail Sales m/m18:00 Retail Sales m/m19:30 Prelim UoM Consumer Sentiment24,400.00 = max-pain pivot

Why the tape looks like this

1

FII cash −₹511 cr vs DII +₹4,353 cr

Foreign selling met by domestic buying — net +₹3,842 cr on the session.

2

Options pin the tape at 24,400.00

PCR 0.88 (call-writer edge), spot 24,366.00. PCR has moved 0.72 → 0.88 since the open.

3

Dyes And Pigments leads (+5.88%), Biotechnology lags

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

Global Cues

Overnight context

Equities · US & Europe

S&P 5007,798.99+0.65%
Dow53,839.99+0.13%
Nasdaq26,803.03+0.81%
FTSE 10010,764.95−0.07%
DAX26,493.43+0.74%

Equities · Asia

Nikkei68,713.80+0.59%
KOSPI6,977.94+2.42%
Hang Seng25,116.85−1.27%
Shanghai3,927.18−0.49%

Commodities · FX · Rates

Brent87.21+0.16%
WTI81.71+0.57%
Gold4,410.40−0.23%
USD/INR95.42−0.02%
DXY99.65−0.31%
US 10Y4.64−0.88%
Bitcoin62,830.00−0.93%
Ethereum1,876.30−0.43%

India VIX 11.31

Options Board

EOD wrap

PCR

0.72 → 0.88

call-writer edge

Max Pain

24,400.00

Spot

24,366.00

Open interest by strike

as of 15:44 IST
24,100.0024,150.0024,200.0024,250.0024,300.0024,350.0024,400.0024,450.0024,500.0024,550.0024,600.00
Call OI · resistance Put OI · supportATM 24,350.00

Institutional Flows

Provisional · cash market

FII CASH

−₹511 cr

DII CASH

+₹4,353 cr

NET

+₹3,842 cr

domestic cushion held

Key Developments

Since the open

Tomorrow

Results · macro · corporate actions

Macro & corporate actions

18:00
Core Retail Sales m/mmacro
med
18:00
Retail Sales m/mmacro
med
19:30
Prelim UoM Consumer Sentimentmacro
med
19:30
Prelim UoM Inflation Expectationsmacro
med
all day
SANGHVIMOV: Dividend - Rs 2 Per Sharecorp action
low
all day
SANDESH: Dividend - Rs 5 Per Sharecorp action
low
all day
RECLTD: Dividend - Rs 1.55 Per Sharecorp action
low
all day
MANGLMCEM: Dividend - Rs 1.50 Per Sharecorp action
low
all day
APOLLOHOSP: Dividend - Rs 10 Per Shcorp action
low
all day
ALKALI: Dividend - Re 1 Per Sharecorp action
low
all day
XCHANGING: Dividend - Rs 2 Per Sharecorp action
low
all day
ASTRAL: Dividend - Rs 2.50 Per Sharecorp action
low

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