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

Gift Nifty points to a flat-to-weak open; crude stays above $90

Gift Nifty is down -0.38% at 24,204.5, while Brent is at $91.71 and WTI at $84.8. Global equities are softer, led by KOSPI, Nikkei and Nasdaq.

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⚔ 24,300.00 = max-pain pivot

Why the tape looks like this

1

Gift Nifty at 24,204.50 (−0.38%) — soft open signalled

S&P closed −0.69%, Nikkei −2.57% — that's the overnight handoff Indian futures are pricing.

2

Options pin the tape at 24,300

PCR 0.81 (call-writer edge), spot 24,154.90.

3

Brent $91.71 (+0.76%) · USD/INR 95.67

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

Global Cues

Overnight context
S&P 5007,692−0.7%
Dow53,343−0.2%
Nasdaq26,290−1.3%
FTSE 10010,728+0.1%
DAX26,128−0.8%
Nikkei65,724−2.6%
KOSPI6,499−5.4%
Hang Seng25,482+0.0%
Shanghai3,918−1.8%
Brent91.71+0.8%
WTI84.80+0.9%
Gold4,409−0.3%
USD/INR95.70.0%
DXY99.57−0.1%
US 10Y4.71−0.4%
Bitcoin64,319−0.6%
Ethereum1,908−0.5%

India VIX 11.39

Options Board

2026-08-25 expiry

PCR

0.81

call-writer edge

Max Pain

24,300

Spot

24,154.90

Open interest by strike

as of 15:44 IST
23,90023,95024,00024,05024,10024,15024,20024,25024,30024,35024,400
Call OI · resistance Put OI · supportATM 24,150

Key Developments

Overnight & pre-open

Day Ahead

Results · macro · corporate actions

Macro & corporate actions

18
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.