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

GIFT Nifty signals a gap-up start as oil eases and global cues firm

GIFT Nifty at 24,336 points points to a firm open, with Brent at $85.43, WTI at $80.50, and most overseas equities higher. Nifty options show 24,500 call supply, 24,200 put support, and PCR at 1.16.

Watch:18:00 Core PCE Price Index m/m18:00 Prelim GDP q/q18:00 Prelim GDP Price Index q/q24,300.00 = max-pain pivot

Why the tape looks like this

1

Gift Nifty at 24,336.00 (+0.80%)firm open signalled

S&P closed +0.32%, Nikkei +0.56% — that's the overnight handoff Indian futures are pricing.

2

Options pin the tape at 24,300

PCR 1.16 (put-writer edge), spot 24,334.55. Writers own 24,200–24,500.

3

Brent $85.43 (−2.11%) · USD/INR 95.40

Softer crude eases the import bill and OMC marketing margins.

Global Cues

Overnight context
S&P 5007,677+0.3%
Dow53,577+0.3%
Nasdaq26,151+0.7%
FTSE 10010,886+0.6%
DAX26,266+0.5%
Nikkei66,228+0.6%
KOSPI6,823+1.2%
Hang Seng25,763+1.0%
Shanghai3,917+0.7%
Brent85.43−2.1%
WTI80.50−2.3%
Gold4,720+0.6%
USD/INR95.40.0%
DXY98.94+0.0%
US 10Y4.64−1.4%
Bitcoin79,108+0.7%
Ethereum2,466+1.0%

India VIX 11.08

Options Board

2026-09-01 expiry

PCR

1.16

put-writer edge

Max Pain

24,300

Spot

24,334.55

Put Wall

24,200

support

Call Wall

24,500

resistance

Open interest by strike

as of 15:44 IST
24,10024,15024,20024,25024,30024,35024,40024,45024,50024,55024,600
Call OI · resistance Put OI · supportATM 24,350

Key Developments

Overnight & pre-open

Day Ahead

Results · macro · corporate actions

Macro & corporate actions

3
18:00Core PCE Price Index m/mmacro
18:00Prelim GDP q/qmacro
18:00Prelim GDP Price Index q/qmacro

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