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

Nifty points to a cautious open as crude eases and Gift Nifty slips

Gift Nifty is down 0.51%, Brent is at $98.96, WTI at $89.93, and VIX is at 11.00. Wall Street was mixed, Nikkei rose 1.38%, and Nifty options show PCR at 0.90 with 23,500 max pain.

Watch: GMDCLTD: Dividend - Rs 9.50 Per Share ASAHISONG: Dividend - Rs 1.50 Per Share REMSONSIND: Dividend - Re 0.10 Per Share⚔ 23,500.00 = max-pain pivot

Why the tape looks like this

1

Gift Nifty at 23,408.50 (−0.51%) — soft open signalled

S&P closed −0.00%, Nikkei +1.38% — that's the overnight handoff Indian futures are pricing.

2

Options pin the tape at 23,500

PCR 0.90 (call-writer edge), spot 23,329.00. Writers own 23,000–24,000.

3

Brent $98.96 (−0.29%) · USD/INR 95.58

Softer crude eases the import bill and OMC marketing margins.

Global Cues

Overnight context
S&P 5007,765−0.0%
Dow51,864−0.4%
Nasdaq27,244+0.5%
FTSE 10010,708−0.3%
DAX25,579+0.0%
Nikkei65,019+1.4%
KOSPI7,025+0.1%
Hang Seng24,907−0.7%
Shanghai3,944−0.2%
Brent98.96−0.3%
WTI89.93−0.7%
Gold4,371−0.1%
USD/INR95.60.0%
DXY100.66+0.1%
US 10Y4.97+0.1%
Bitcoin86,470+0.3%
Ethereum2,759+0.2%

India VIX 11.00

Options Board

2026-09-29 expiry

PCR

0.90

call-writer edge

Max Pain

23,500

Spot

23,329.00

Put Wall

23,000

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
U

NIFTY50, SENSEX today: Wall Street cues, FII activity, key things to know before markets open on September 23

Upstox07:59 ISTmarkets
I

Sensex, Nifty Today: GIFT Nifty signals cautious start even as crude prices ease

IndiaIPO08:14 ISTcommodities
S

Trade Setup for Today: Nikkei Surge and GIFT Nifty Stability Signal Cautious Optimism Amid FII Selling as of September 23, 2026

scanx.trade08:06 ISTmarkets

Stock Market LIVE: GIFT Nifty signals tepid open; Brent crude falls on progress in US-Iran talks

Why it matters — Sensex Today | Stock Market LIVE Updates Wednesday: The GIFT Nifty indicated a tepid start for the Nifty50 while Asian p

Business Standard07:46 ISTcommodities

Oil Price Today (September 23): Crude oil below $100 on hopes of US-Iran talks. What did Trump say?

Why it matters — Brent crude futures fell 7 cents, or 0.07%, to $99.18 a barrel, while West Texas Intermediate futures declined 35 cents,

ET Markets07:48 ISTcommodities
I

Chandan Taparia bets on Sona BLW, Bandhan Bk; sees Nifty support at 23,200

IndiaIPO08:14 ISTmarkets

ArMee Infotech IPO opens today: Check GMP, price band, issue details. Should you subscribe?

Why it matters — The Rs 300-crore public issue will remain open for investors until September 25. The allotment is expected to be finalis

ET Markets08:05 ISTmarkets

Day Ahead

Results · macro · corporate actions

Macro & corporate actions

20
—GMDCLTD: Dividend - Rs 9.50 Per Sharecorp action
—ASAHISONG: Dividend - Rs 1.50 Per Sharecorp action
—REMSONSIND: Dividend - Re 0.10 Per Sharecorp action
—THEMISMED: Dividend - Re 0.50 Per Sharecorp action
—SSWL: Dividend - Rs 1.50 Per Sharecorp action
—CONFIPET: Dividend - Re 0.10 Per Sharecorp action
—HARIOMPIPE: Dividend - Re 0.75 Per Sharecorp action
—AAATECH: Dividend - Re 1 Per Sharecorp action
—TITAGARH: Dividend - Re 1 Per Sharecorp action
—SATIA: Dividend - Re 0.40 Per Sharecorp action
—MIDHANI: Dividend - Rs 1.25 Per Sharecorp action
—SIGIND: Dividend - Re 0.50 Per Sharecorp action

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