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

Gift Nifty points to a cautious open; Brent stays firm

Gift Nifty is 23,829, down 0.99%, while Brent holds at 96.28 and VIX is 11.16. US cues are softer, with S&P 500 down 0.38% and Dow down 0.51%.

Watch: BHANDARI: Dividend - Re 0.01 Per Share POLYPLEX: Dividend - Re 1 Per Share GLOBUSSPR: Dividend - Rs 6.53 Per Share⚔ 23,800.00 = max-pain pivot

Why the tape looks like this

1

Gift Nifty at 23,829.00 (−0.99%) — soft open signalled

S&P closed −0.38%, Nikkei +0.07% — that's the overnight handoff Indian futures are pricing.

2

Options pin the tape at 23,800

PCR 0.56 (call-writer edge), spot 23,779.15. Writers own 23,500–24,000.

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 10010,822−0.1%
DAX26,007−0.2%
Nikkei66,445+0.1%
KOSPI7,132+2.0%
Hang Seng25,282−0.5%
Shanghai3,947+0.4%
Brent96.280.0%
WTI91.480.0%
Gold4,4770.0%
USD/INR94.50.0%
DXY99.17−0.0%
US 10Y4.780.0%
Bitcoin79,096+0.0%
Ethereum2,491+0.0%

India VIX 11.16

Options Board

2026-09-08 expiry

PCR

0.56

call-writer edge

Max Pain

23,800

Spot

23,779.15

Put Wall

23,500

support

Call Wall

24,000

resistance

Open interest by strike

as of 15:44 IST
23,55023,60023,65023,70023,75023,80023,85023,90023,95024,00024,050
Call OI · resistance Put OI · supportATM 23,800

Key Developments

Overnight & pre-open
I

Sensex, Nifty today: GIFT Nifty signals cautious start as Brent continues near $97

IndiaIPO08:05 ISTmarkets

Nifty, Sensex, Nifty Bank outlook for today: GIFT Nifty down 80 points; key levels to watch

Business Today08:01 ISTmarkets
N

Gift Nifty Trades 40 Points Lower; Indian Markets Likely To Open Cautiously; Crude Oil, US-Iran Tensions In

News1808:12 ISTcommodities
B

Earnings and Oil Prices Trap Nifty in Narrow Range

bloomberg.com08:15 ISTcommodities

Dow futures slip amid Fed hike bets, surging oil

investing_in08:20 ISTpolicy

Earnings call transcript: SCREEN Holdings lifts outlook after soft Q1 in 2026

investing_in08:20 ISTearnings
N

Why Is Nifty Lagging As Mid- And Small-Cap Indices Hit Record Highs? Here's What Experts Say

News1808:00 ISTmarkets

Day Ahead

Results · macro · corporate actions

Macro & corporate actions

11
—BHANDARI: Dividend - Re 0.01 Per Sharecorp action
—POLYPLEX: Dividend - Re 1 Per Sharecorp action
—GLOBUSSPR: Dividend - Rs 6.53 Per Sharecorp action
—TVSHLTD: Scheme Of Arrangement - Bonus Ncrps 46:1corp action
—SINCLAIR: Dividend - Rs 0.80 Per Sharecorp action
—TINNARUBR: Dividend - Rs 3.25 Per Sharecorp action
—BLSE: Dividend - Re 0.50 Per Sharecorp action
—SKIPPER: Dividend - Re 0.10 Per Sharecorp action
—KDDL: Dividend - Rs 8 Per Sharecorp action
—RUSHIL: Dividend - Re 0.05 Per Sharecorp action
—APLAPOLLO: Dividend - Rs 8.50 Per Sharecorp action

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