Daily Brief · Midday · 12:40 IST🔴 Risk-off

Nifty holds above 22,700 as crude stays firm and global cues stay mixed

Nifty traded above 22,700 at midday, while crude stayed firm and Tokyo led Asian gains. Options data pointed to 22,800 max pain, with 23,000 and 22,700 as key walls.

Watch:18:00 Core PCE Price Index m/m18:00 Final GDP q/q17:45 ADP Non-Farm Employment Change⚔ 22,800.00 = max-pain pivot

Why the tape looks like this

1

Railway Wagons leads (+6.42%), Aerospace & Defense lags

14 of 14 sector groups are positive — breadth backs the move.

2

Options pin the tape at 22,800

PCR 0.83 (call-writer edge), spot 22,777.40. Writers own 22,700–23,000. PCR has moved 0.79 → 0.83 since the open.

3

Stock Market Today Live: Sensex Jumps 250 Points, Nifty Pares Early Losses To Trade Above 22,700 As Crude Oil Price Drops

Stock Market Today Live Updates: Analysts believe the market bias is cautiously positive, but the undertone stays subdue

Options Board

Shift since open

PCR

0.79 → 0.83

call-writer edge

Max Pain

22,800

Spot

22,777.40

Put Wall

22,700

support

Call Wall

23,000

resistance

Open interest by strike

as of 12:40 IST
22,55022,60022,65022,70022,75022,80022,85022,90022,95023,00023,050
Call OI · resistance Put OI · supportATM 22,800

Key Developments

Since the open

Still to Come

Results · macro · corporate actions

Macro & corporate actions

6
18:00Core PCE Price Index m/mmacro
18:00Final GDP q/qmacro
17:45ADP Non-Farm Employment Changemacro
18:00Final GDP Price Index q/qmacro
—SSDL: Interim Dividend - Rs 3 Per Sharecorp action
—SAIL: Dividend - Rs 2.35 Per Sharecorp action

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