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

Gift Nifty points to a softer open as oil climbs

Gift Nifty is down 1.81% and Brent is up 1.35% ahead of the open. US stocks ended lower, while VIX is at 13.64.

Watch:19:30 CB Consumer Confidence19:30 JOLTS Job Openings⚔ 22,950.00 = max-pain pivot

Why the tape looks like this

1

Gift Nifty at 22,817.00 (−1.81%) — soft open signalled

S&P closed −0.77%, Nikkei −0.87% — that's the overnight handoff Indian futures are pricing.

2

Options pin the tape at 22,950

PCR 0.62 (call-writer edge), spot 22,780.25. Writers own 22,000–23,000.

3

Brent $99.15 (+1.35%) · USD/INR 95.97

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

Global Cues

Overnight context
S&P 5007,684−0.8%
Dow51,482−0.7%
Nasdaq26,820−0.9%
FTSE 10010,685−0.1%
DAX25,374−0.1%
Nikkei65,307−0.9%
KOSPI6,874−0.2%
Hang Seng24,495−0.6%
Shanghai3,817−0.2%
Brent99.15+1.3%
WTI93.62+1.1%
Gold4,167−0.0%
USD/INR96.00.0%
DXY101.19−0.0%
US 10Y5.24+1.1%
Bitcoin82,969−0.6%
Ethereum2,656−1.2%

India VIX 13.64

Options Board

2026-09-29 expiry

PCR

0.62

call-writer edge

Max Pain

22,950

Spot

22,780.25

Put Wall

22,000

support

Call Wall

23,000

resistance

Open interest by strike

as of 15:44 IST
22,55022,60022,65022,70022,75022,80022,85022,90022,95023,00023,050
Call OI · resistance Put OI · supportATM 22,800

Key Developments

Overnight & pre-open

Day Ahead

Results · macro · corporate actions

Macro & corporate actions

2
19:30CB Consumer Confidencemacro
19:30JOLTS Job Openingsmacro

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