Daily Brief · Midday · 12:40 IST🔴 Risk-off

Nifty slips to 24,058 as crude stays firm and Asia weakens

Gift Nifty points to a softer open. Brent is at 91.52, Shanghai is down 2.29%, and Nifty options show PCR at 0.63 with max pain at 24,150.

Watch:23:30 FOMC Meeting Minutes NDRINVIT: Distribution - Rs 1.94 Per Unit Consists Of Re 0.88 Per Unit As Interest/ Re 0.87 Per Unit As Return Of Capital/ Re 0.19 Per Unit As Dividend CUBEINVIT: Distribution - Rs 3.95 Per Unit Consisting Of Rs 2.10 Per Unit As Interest/Rs 1.08 Per Unit As Dividend/Re 0.76 Per Unit As Return Of Capital/Rs 0.01 Per Unit As Tresury Income⚔ 24,150.00 = max-pain pivot

Why the tape looks like this

Sugar leads (+3.10%), Dredging lags

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

Options pin the tape at 24,150

PCR 0.63 (call-writer edge), spot 24,058.20. PCR has moved 0.78 → 0.63 since the open.

Stock Market Big Update: Sensex tanks 493 points; Nifty falls for 6th day as crude oil jumps to USD 91 per ba

Top-ranked story this edition · India.com.

Options Board

Shift since open

PCR

0.78 → 0.63

call-writer edge

Max Pain

24,150

Spot

24,058.20

Open interest by strike

as of 12:40 IST

23,80023,85023,90023,95024,00024,05024,10024,15024,20024,25024,300

Call OI · resistance Put OI · supportATM 24,050

Key Developments

Since the open

Stock Market Big Update: Sensex tanks 493 points; Nifty falls for 6th day as crude oil jumps to USD 91 per ba

India.com12:05 ISTcommodities

Sensex today | Stock Market Live: Sensex down 300 points, Nifty near 24,050 in choppy trade; Eternal, HCL Tech top gainers

Why it matters — Sensex, Nifty, Share Prices LIVE: Indian equity benchmarks extended their decline on Wednesday, with the Nifty slipping

BusinessLine12:32 ISTmarkets

Indian IT Stocks Rebound: Nifty IT Snaps 4-Day Losing Streak as Coforge and Persistent Lead Gains

outlookmoney.com12:05 ISTmarkets

Shiprocket shares soar 10% after bumper market debut, rally 48% from IPO price. Time to buy or sell?

Why it matters — Shiprocket shares extended their post-listing rally, after making a strong debut at a 35% premium to the IPO price. The

ET Markets12:10 ISTmarkets

Global Market: Unitree shares soar nearly six-fold in Shanghai debut as robotics boom gains momentum

Why it matters — Unitree shares surged nearly six-fold in their Shanghai debut, marking a landmark listing for China’s rapidly expanding

ET Markets12:05 ISTmarkets

Mopshop Distribution IPO Day 1: Issue booked 29% so far. Check GMP, issue details

Why it matters — The Mopshop Distribution IPO launched on 19 August and will close on 21 August at ₹138 per share. The firm aims to rais

Mint12:28 ISTmarkets

Vijay Kedia's Kedia Securities acquires stake in AI-led SaaS fintech Zaggle Prepaid, stock surges more than 17% on NSE

Why it matters — As per bulk deal data on the NSE, Kedia Securities picked 20,00,000 shares of Zaggle Prepaid at an average price of ₹16

Mint12:04 ISTmarkets

Still to Come

Results · macro · corporate actions

Macro & corporate actions

23:30FOMC Meeting Minutesmacro

—NDRINVIT: Distribution - Rs 1.94 Per Unit Consists Of Re 0.88 Per Unit As Interest/ Re 0.87 Per Unit As Return Of Capital/ Re 0.19 Per Unit As Dividendcorp action

—CUBEINVIT: Distribution - Rs 3.95 Per Unit Consisting Of Rs 2.10 Per Unit As Interest/Rs 1.08 Per Unit As Dividend/Re 0.76 Per Unit As Return Of Capital/Rs 0.01 Per Unit As Tresury Incomecorp action

—OSEINTRUST: Distribution - Rs 2.6123 Per Unit Consists Of Rs 1.1894 Per Unit As Interest/ Rs 1.202 Per Unit As Dividend/ Re 0.2209 Per Unit As Return Of Capitalcorp action

—KSHITIJPOL: Rights 2:5 @ Premium Rs 1.17/-corp action

—JAYBARMARU: Dividend - Re 0.70 Per Sharecorp action

—KOVAI: Dividend - Rs 15 Per Sharecorp action

—JKPAPER: Dividend - Rs 4 Per Sharecorp action

—HONDAPOWER: Dividend - Rs 23 Per Sharecorp action

—GULFPETRO: Dividend - Re 0.50 Per Sharecorp action

—BATAINDIA: Interim Dividend - Rs 25 Per Sharecorp action

—DSSL: Interim Dividend - Re 0.50 Per Sharecorp action

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