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

Gift Nifty at 24,026 signals a weak start

Asian cues are mixed, Brent is at 96.28, and Nifty options show 24,000 call writing with 23,000 put support.

Watch: HEG: Demerger TRANSPEK: Dividend - Rs 20 Per Share TEXINFRA: Dividend - Re 0.15 Per Share⚔ 23,950.00 = max-pain pivot

Why the tape looks like this

1

Gift Nifty at 24,026.00 (−0.19%) — soft open signalled

S&P closed −0.38%, Nikkei +2.21% — that's the overnight handoff Indian futures are pricing.

2

Options pin the tape at 23,950

PCR 0.85 (call-writer edge), spot 23,897.70. Writers own 23,000–24,000.

3

Brent $96.28 (0.00%) · USD/INR 94.48

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

Global Cues

Overnight context
S&P 5007,719−0.4%
Dow53,414−0.5%
Nasdaq26,507−0.3%
FTSE 10010,831−0.0%
DAX26,046+0.2%
Nikkei66,460+2.2%
KOSPI6,898+3.1%
Hang Seng25,410−0.9%
Shanghai3,929−0.0%
Brent96.280.0%
WTI91.480.0%
Gold4,4770.0%
USD/INR94.5−0.0%
DXY99.180.0%
US 10Y4.78+0.5%
Bitcoin80,229−0.2%
Ethereum2,524+0.4%

India VIX 10.68

Options Board

2026-09-08 expiry

PCR

0.85

call-writer edge

Max Pain

23,950

Spot

23,897.70

Put Wall

23,000

support

Call Wall

24,000

resistance

Open interest by strike

as of 15:44 IST
23,65023,70023,75023,80023,85023,90023,95024,00024,05024,10024,150
Call OI · resistance Put OI · supportATM 23,900

Key Developments

Overnight & pre-open
U

NIFTY50, SENSEX today: Wall Street cues, FII activity, key things to know before markets open on September 7

Upstox08:10 ISTmarkets

Sensex today | Stock Market LIVE: Nifty, Sensex to open weak as US-Iran tensions push up crude oil prices

Why it matters — Sensex, Nifty, Share Prices Live: Gift Nifty at 24,000 (at 730 IST), is ruling marginally lower against the Friday’s clo

BusinessLine08:06 ISTcommodities
D

Pre-Market Update: Nifty 50, Sensex Likely to Open Lower as GIFT Nifty Signals Weak Start

Dalal Street Investment Journal07:48 ISTmarkets

Oil Price Today (September 7): Crude oil approaches $100 as US, Iran strikes hit oil vessels in Hormuz. Experts weigh in

Why it matters — The latest escalation came on Saturday when U.S. forces struck three Iranian oil tankers, according to U.S. Central Comm

ET Markets07:53 ISTcommodities

Wall Street futures mixed after jobs data lifts Sept Fed hike odds

investing_in08:20 ISTpolicy
S

Trade Setup for Today: Mixed Global Cues and Weak GIFT Nifty Set a Cautious Tone for Opening as of September 7, 2026

scanx.trade08:13 ISTmarkets

Nifty extends losing streak, breaks 24,000 support

The Economic Times08:08 ISTmarkets

Day Ahead

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.