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

GIFT Nifty points to a weak open as crude stays firm

GIFT Nifty is down 0.58% ahead of trade. Brent is at $92.78, WTI at $85.62, and Nifty options show 24,300 CE wall with 24,000 PE support.

Watch:19:30 CB Consumer Confidence CORDELIA: Face Value Split (Sub-Division) - From Rs 10/- Per Share To Re 1/- Per Share SBCL: Dividend - Rs 2 Per Share24,200.00 = max-pain pivot

Why the tape looks like this

1

Gift Nifty at 24,187.00 (−0.58%)soft open signalled

S&P closed −0.28%, Nikkei +0.11% — that's the overnight handoff Indian futures are pricing.

2

Options pin the tape at 24,200

PCR 0.70 (call-writer edge), spot 24,219.05. Writers own 24,000–24,300.

3

Brent $92.78 (+0.66%) · USD/INR 95.74

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

Global Cues

Overnight context
S&P 5007,653−0.3%
Dow53,417+0.3%
Nasdaq25,980−0.8%
FTSE 10010,854+0.3%
DAX26,107−0.1%
Nikkei65,599+0.1%
KOSPI6,566−2.0%
Hang Seng25,487−0.1%
Shanghai3,875−0.2%
Brent92.78+0.7%
WTI85.62+0.7%
Gold4,701+0.1%
USD/INR95.70.0%
DXY99.02+0.0%
US 10Y4.70−0.7%
Bitcoin80,496+1.9%
Ethereum2,506+0.9%

India VIX 11.53

Options Board

2026-08-25 expiry

PCR

0.70

call-writer edge

Max Pain

24,200

Spot

24,219.05

Put Wall

24,000

support

Call Wall

24,300

resistance

Open interest by strike

as of 15:44 IST
23,95024,00024,05024,10024,15024,20024,25024,30024,35024,40024,450
Call OI · resistance Put OI · supportATM 24,200

Key Developments

Overnight & pre-open

Day Ahead

Results · macro · corporate actions

Macro & corporate actions

12
19:30CB Consumer Confidencemacro
CORDELIA: Face Value Split (Sub-Division) - From Rs 10/- Per Share To Re 1/- Per Sharecorp action
SBCL: Dividend - Rs 2 Per Sharecorp action
DEEPAKFERT: Dividend - Rs 10 Per Sharecorp action
PREMCO: Dividend - Rs 2 Per Sharecorp action
QUINT: Rights - 7 Ccps And 7 Warrants:40corp action
DIFFNKG: Dividend - Rs 1.50 Per Sharecorp action
RATNAVEER: Rights 7:40 @ Premium Rs 254/-corp action
AVL: Dividend - Rs 1.25 Per Sharecorp action
DUCON: Rights 10:13 @ Premium Rs 0/-corp action
MASFIN: Dividend - Re 0.75 Per Sharecorp action
NRAIL: Dividend - Rs 2 Per Sharecorp action

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