Daily Brief · Pre-Market · 08:20 IST🟢 Risk-on

Flat start likely as crude eases and Gift Nifty slips

Gift Nifty is down 0.03% at 23,361.5, while Brent is down 1.94% and WTI is down 2.20%. Global cues are mixed, with Shanghai, Hang Seng, Nikkei, KOSPI, S&P 500 and Nasdaq higher, while Dow, FTSE 100 and DAX are lower.

Watch: BAJAJHLDNG: Interim Dividend - Rs 65 Per Share NIPPOBATRY: Dividend - Rs 3.75 Per Share PNBGILTS: Dividend - Rs 2 Per Share⚔ 23,350.00 = max-pain pivot

Why the tape looks like this

1

Gift Nifty at 23,361.50 (−0.03%) — soft open signalled

S&P closed +0.17%, Nikkei +1.38% — that's the overnight handoff Indian futures are pricing.

2

Options pin the tape at 23,350

PCR 1.13 (put-writer edge), spot 23,346.40. Writers own 23,300–24,000.

3

Brent $97.36 (−1.94%) · USD/INR 95.86

Softer crude eases the import bill and OMC marketing margins.

Global Cues

Overnight context
S&P 5007,651+0.2%
Dow51,683−0.2%
Nasdaq26,523+0.4%
FTSE 10010,659−0.3%
DAX25,304−0.9%
Nikkei65,019+1.4%
KOSPI6,999+1.5%
Hang Seng24,896+0.6%
Shanghai3,932+0.5%
Brent97.36−1.9%
WTI93.97−2.2%
Gold4,406−0.4%
USD/INR95.90.0%
DXY100.25+0.0%
US 10Y5.00+1.0%
Bitcoin81,232+0.1%
Ethereum2,657+0.5%

India VIX 11.39

Options Board

2026-09-22 expiry

PCR

1.13

put-writer edge

Max Pain

23,350

Spot

23,346.40

Put Wall

23,300

support

Call Wall

24,000

resistance

Open interest by strike

as of 15:44 IST
23,10023,15023,20023,25023,30023,35023,40023,45023,50023,55023,600
Call OI · resistance Put OI · supportATM 23,350

Key Developments

Overnight & pre-open

Day Ahead

Results · macro · corporate actions

Macro & corporate actions

20
—BAJAJHLDNG: Interim Dividend - Rs 65 Per Sharecorp action
—NIPPOBATRY: Dividend - Rs 3.75 Per Sharecorp action
—PNBGILTS: Dividend - Rs 2 Per Sharecorp action
—VETO: Dividend - Re 1 Per Sharecorp action
—DIXON: Dividend - Rs 10 Per Sharecorp action
—GTPL: Dividend - Rs 2 Per Sharecorp action
—MONTECARLO: Dividend - Rs 20 Per Sharecorp action
—APOLSINHOT: Dividend - Rs 3 Per Sharecorp action
—SREEL: Dividend - Re 1 Per Sharecorp action
—JAICORPLTD: Dividend - Re 0.50 Per Sharecorp action
—MANALIPETC: Dividend - Re 0.50 Per Sharecorp action
—CYBERTECH: Dividend - Rs 4 Per Sharecorp action

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