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

Gift Nifty points to a cautious start as global cues stay soft

Gift Nifty is down 0.61% at 23,485.5, with weaker US and Asian cues, Brent near $101.2, and VIX at 11.92 setting a guarded tone.

Watch:18:00 Core PPI m/m18:00 PPI m/m06:45 President Trump Speaks23,600.00 = max-pain pivot

Why the tape looks like this

1

Gift Nifty at 23,485.50 (−0.61%)soft open signalled

S&P closed −0.48%, Nikkei −0.84% — that's the overnight handoff Indian futures are pricing.

2

Options pin the tape at 23,600

PCR 0.59 (call-writer edge), spot 23,431.50. Writers own 23,000–24,000.

3

Brent $101.20 (−0.01%) · USD/INR 95.09

Softer crude eases the import bill and OMC marketing margins.

Global Cues

Overnight context
S&P 5007,636−0.5%
Dow52,381−0.8%
Nasdaq26,253−0.6%
FTSE 10010,670−1.3%
DAX25,576−1.7%
Nikkei64,597−0.8%
KOSPI6,947−1.5%
Hang Seng24,926−1.4%
Shanghai3,939−0.3%
Brent101.20−0.0%
WTI96.36+0.3%
Gold4,462+0.0%
USD/INR95.1−0.0%
DXY98.75−0.1%
US 10Y4.84+0.6%
Bitcoin78,287−0.0%
Ethereum2,473+0.2%

India VIX 11.92

Options Board

2026-09-15 expiry

PCR

0.59

call-writer edge

Max Pain

23,600

Spot

23,431.50

Put Wall

23,000

support

Call Wall

24,000

resistance

Open interest by strike

as of 15:44 IST
23,20023,25023,30023,35023,40023,45023,50023,55023,60023,65023,700
Call OI · resistance Put OI · supportATM 23,450

Key Developments

Overnight & pre-open

Day Ahead

Results · macro · corporate actions

Macro & corporate actions

17
18:00Core PPI m/mmacro
18:00PPI m/mmacro
06:45President Trump Speaksmacro
18:00Unemployment Claimsmacro
SICAGEN: Dividend - Re 1 Per Sharecorp action
INDOCO: Dividend - Re 0.20 Per Sharecorp action
CHEMCRUX: Dividend - Re 1 Per Sharecorp action
MBEL: Dividend - Re 1 Per Sharecorp action
LINC: Dividend - Rs 1.50 Per Sharecorp action
DIVGIITTS: Dividend - Rs 3.27 Per Sharecorp action
RADIANTCMS: Dividend - Re 2.50 Per Sharecorp action
GRAUWEIL: Dividend - Re 0.50 Per Sharecorp action

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