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

Weak start signalled for Nifty as oil, yields stay firm

Gift Nifty points to a softer open. Brent is at 96.31, US 10Y is at 5.255, VIX is 13.41, and the rupee is at 95.97.

Watch:18:00 Core PCE Price Index m/m18:00 Final GDP q/q17:45 ADP Non-Farm Employment Change⚔ 22,850.00 = max-pain pivot

Why the tape looks like this

1

Gift Nifty at 22,717.00 (−0.44%) — soft open signalled

S&P closed −0.17%, Nikkei +1.28% — that's the overnight handoff Indian futures are pricing.

2

Options pin the tape at 22,850

PCR 0.79 (call-writer edge), spot 22,716.20. Writers own 22,000–23,500.

3

Brent $96.31 (+0.16%) · USD/INR 95.97

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

Global Cues

Overnight context
S&P 5007,671−0.2%
Dow51,350−0.3%
Nasdaq26,798−0.1%
FTSE 10010,637−0.5%
DAX25,399+0.1%
Nikkei66,319+1.3%
KOSPI6,880+0.1%
Hang Seng24,467−0.2%
Shanghai3,834+0.1%
Brent96.31+0.2%
WTI89.41+0.0%
Gold4,209+0.7%
USD/INR96.00.0%
DXY101.33−0.0%
US 10Y5.26+0.3%
Bitcoin83,387−0.3%
Ethereum2,673−0.1%

India VIX 13.41

Options Board

2026-10-06 expiry

PCR

0.79

call-writer edge

Max Pain

22,850

Spot

22,716.20

Put Wall

22,000

support

Call Wall

23,500

resistance

Open interest by strike

as of 15:44 IST
22,45022,50022,55022,60022,65022,70022,75022,80022,85022,90022,950
Call OI · resistance Put OI · supportATM 22,700

Key Developments

Overnight & pre-open

Day Ahead

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.