Daily Brief · Pre-Market · 08:20 IST🟢 Risk-on

Gift Nifty points to a flat-to-soft start

Gift Nifty is at 24,434.50, above Nifty spot at 24,395.85, while Brent is at $86.85 and VIX is 11.42.

Watch:18:00 Core Retail Sales m/m18:00 Retail Sales m/m19:30 Prelim UoM Consumer Sentiment⚔ 24,400.00 = max-pain pivot

Why the tape looks like this

1

Gift Nifty at 24,434.50 (+0.07%) — firm open signalled

S&P closed +0.65%, Nikkei +0.85% — that's the overnight handoff Indian futures are pricing.

2

Options pin the tape at 24,400

PCR 0.78 (call-writer edge), spot 24,395.85.

3

Brent $86.85 (−0.25%) · USD/INR 95.43

Softer crude eases the import bill and OMC marketing margins.

Global Cues

Overnight context
S&P 5007,799+0.7%
Dow53,840+0.1%
Nasdaq26,803+0.8%
FTSE 10010,773−0.6%
DAX26,300−0.1%
Nikkei68,889+0.8%
KOSPI6,914+1.5%
Hang Seng25,221−0.7%
Shanghai3,923−0.1%
Brent86.85−0.3%
WTI81.13−0.1%
Gold4,376−1.0%
USD/INR95.40.0%
DXY99.89−0.1%
US 10Y4.64−0.9%
Bitcoin63,476+0.1%
Ethereum1,887+0.1%

India VIX 11.42

Options Board

2026-08-18 expiry

PCR

0.78

call-writer edge

Max Pain

24,400

Spot

24,395.85

Open interest by strike

as of 15:44 IST
24,15024,20024,25024,30024,35024,40024,45024,50024,55024,60024,650
Call OI · resistance Put OI · supportATM 24,400

Key Developments

Overnight & pre-open

Day Ahead

Results · macro · corporate actions

Macro & corporate actions

24
18:00Core Retail Sales m/mmacro
18:00Retail Sales m/mmacro
19:30Prelim UoM Consumer Sentimentmacro
19:30Prelim UoM Inflation Expectationsmacro
—SANGHVIMOV: Dividend - Rs 2 Per Sharecorp action
—SANDESH: Dividend - Rs 5 Per Sharecorp action
—RECLTD: Dividend - Rs 1.55 Per Sharecorp action
—XCHANGING: Dividend - Rs 2 Per Sharecorp action
—ASTRAL: Dividend - Rs 2.50 Per Sharecorp action
—NCC: Dividend - Rs 2.20 Per Sharecorp action
—RESPONIND: Dividend - Re 0.10 Per Sharecorp action
—KICL: Dividend - Rs 10 Per Sharecorp action

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