Avsar.
Daily Brief · Pre-Market · 08:20 IST⚡ Mixed

Nifty eyes open lower as Gift Nifty slips and crude stays firm

Gift Nifty is down -0.71% with Brent at 95.96 and WTI at 91.9. Wall Street closed higher, but the rupee is unchanged at 94.475 and VIX stands at 11.34.

Watch:18:00 Average Hourly Earnings m/m18:00 Non-Farm Employment Change18:00 Unemployment Rate⚔ 23,950.00 = max-pain pivot

Why the tape looks like this

1

Gift Nifty at 23,925.00 (−0.71%) — soft open signalled

S&P closed +1.06%, Nikkei +0.86% — that's the overnight handoff Indian futures are pricing.

2

Options pin the tape at 23,950

PCR 0.65 (call-writer edge), spot 23,873.45. Writers own 23,000–24,000.

3

Brent $95.96 (+0.46%) · USD/INR 94.48

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

Global Cues

Overnight context
S&P 5007,748+1.1%
Dow53,686+1.2%
Nasdaq26,584+1.4%
FTSE 10010,832+0.7%
DAX26,003+0.6%
Nikkei64,770+0.9%
KOSPI6,663+1.3%
Hang Seng25,753+2.1%
Shanghai3,967+0.6%
Brent95.96+0.5%
WTI91.90+0.7%
Gold4,523−0.4%
USD/INR94.50.0%
DXY98.99+0.1%
US 10Y4.76−0.7%
Bitcoin80,675−0.7%
Ethereum2,500−0.3%

India VIX 11.34

Options Board

2026-09-08 expiry

PCR

0.65

call-writer edge

Max Pain

23,950

Spot

23,873.45

Put Wall

23,000

support

Call Wall

24,000

resistance

Open interest by strike

as of 15:44 IST
23,60023,65023,70023,75023,80023,85023,90023,95024,00024,05024,100
Call OI · resistance Put OI · supportATM 23,850

Key Developments

Overnight & pre-open
U

NIFTY50, SENSEX today: Wall Street cues, FII activity, key things to know before markets open on September 4

Upstox08:00 ISTmarkets
M

GIFT Nifty jumps 100 pts, signals strong start for Sensex, Nifty; Wall Street rallies, Fed rate-hike bets...

Moneycontrol.com08:05 ISTpolicy

Stock market today: Gift Nifty hints a positive start; eight day trading stocks to buy on Friday, 4 September

Why it matters — Indian stock market indices, Sensex and Nifty 50, are expected to open higher on 4 September, following positive global

Mint08:05 ISTmarkets

Natera CEO Steven Chapman sells $545k in NTRA shares

investing_in08:20 ISTmarkets

Rubrik director Yvonne Wassenaar sells $64,543 in stock

investing_in08:20 ISTmarkets

Chinese AI stocks rise after OpenAI launches Astra, MiniMax jumps 6%

investing_in08:20 ISTmarkets

Procore director Kevin O’Connor sells $938k in company stock

investing_in08:20 ISTmarkets

Day Ahead

Results · macro · corporate actions

Macro & corporate actions

23
18:00Average Hourly Earnings m/mmacro
18:00Non-Farm Employment Changemacro
18:00Unemployment Ratemacro
—ONGC: Dividend - Re 1 Per Sharecorp action
—OIL: Dividend - Re 1 Per Sharecorp action
—SPAL: Dividend - Rs 3 Per Sharecorp action
—GICRE: Dividend - Rs 13.25 Per Sharecorp action
—FCL: Dividend - Re 0.05 Per Sharecorp action
—GULFOILLUB: Dividend - Rs 30 Per Sharecorp action
—CGCL: Dividend - Re 0.20 Per Sharecorp action
—SPECIALITY: Dividend - Re 1 Per Sharecorp action
—HIKAL: Dividend - Re 0.40 Per Sharecorp action

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