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

Nifty slips below 23,780 as crude stays firm and Asia turns mixed

Nifty is under pressure at midday as Gift Nifty points lower, Brent stays near $96 and overseas cues stay mixed with Japan stronger and US indices weaker.

Watch: HEG: Demerger TRANSPEK: Dividend - Rs 20 Per Share TEXINFRA: Dividend - Re 0.15 Per Share23,800.00 = max-pain pivot

Why the tape looks like this

1

Paper & Paper Products leads (+3.66%), Industrial Products lags

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

2

Options pin the tape at 23,800

PCR 0.56 (call-writer edge), spot 23,762.15. Writers own 23,750–23,800. PCR has moved 0.85 → 0.56 since the open.

3

Sensex today | Stock Market LIVE: Sensex down 400 pts, Nifty slips below 23,780 as crude nears $97; Infy, TechM lead losers

Sensex, Nifty, Share Prices Live: Benchmark indices opened in negative territory on Monday, September 7, 2026, weighed d

Options Board

Shift since open

PCR

0.85 → 0.56

call-writer edge

Max Pain

23,800

Spot

23,762.15

Put Wall

23,750

support

Call Wall

23,800

resistance

Open interest by strike

as of 12:40 IST
23,50023,55023,60023,65023,70023,75023,80023,85023,90023,95024,000
Call OI · resistance Put OI · supportATM 23,750

Key Developments

Since the open

Still to Come

Results · macro · corporate actions

Macro & corporate actions

4
HEG: Demergercorp action
TRANSPEK: Dividend - Rs 20 Per Sharecorp action
TEXINFRA: Dividend - Re 0.15 Per Sharecorp action
GEECEE: Dividend - Rs 2 Per Sharecorp action

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