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

Muted Nifty open after weak Gift Nifty and firmer dollar

Gift Nifty is down 0.86% near 22,641. Brent is at $97.70, WTI at $89.94, DXY is up 0.13%, and Asia is mixed with Shanghai up 0.31% and Nikkei up 2.4%.

Watch:01:00 President Trump Speaks03:30 FOMC Member Kashkari Speaks18:00 Unemployment Claims⚔ 22,700.00 = max-pain pivot

Why the tape looks like this

1

Gift Nifty at 22,641.00 (−0.86%) — soft open signalled

S&P closed −0.25%, Nikkei +2.40% — that's the overnight handoff Indian futures are pricing.

2

Options pin the tape at 22,700

PCR 0.65 (call-writer edge), spot 22,620.45. Writers own 22,000–23,000.

3

Brent $97.70 (−0.34%) · USD/INR 95.82

Softer crude eases the import bill and OMC marketing margins.

Global Cues

Overnight context
S&P 5007,652−0.3%
Dow50,906−0.9%
Nasdaq26,861+0.2%
FTSE 10010,606−0.3%
DAX25,199−0.8%
Nikkei68,356+2.4%
KOSPI6,872+0.5%
Hang Seng24,613+0.4%
Shanghai3,842+0.3%
Brent97.70−0.3%
WTI89.94−0.5%
Gold4,184−0.1%
USD/INR95.80.0%
DXY101.59+0.1%
US 10Y5.29+0.7%
Bitcoin83,382−0.2%
Ethereum2,684−0.0%

India VIX 13.49

Options Board

2026-10-06 expiry

PCR

0.65

call-writer edge

Max Pain

22,700

Spot

22,620.45

Put Wall

22,000

support

Call Wall

23,000

resistance

Open interest by strike

as of 15:44 IST
22,35022,40022,45022,50022,55022,60022,65022,70022,75022,80022,850
Call OI · resistance Put OI · supportATM 22,600

Key Developments

Overnight & pre-open

Day Ahead

Results · macro · corporate actions

Macro & corporate actions

9
01:00President Trump Speaksmacro
03:30FOMC Member Kashkari Speaksmacro
18:00Unemployment Claimsmacro
19:30FOMC Member Waller Speaksmacro
19:30ISM Manufacturing PMImacro
—IGL: Dividend - Rs 1.50 Per Sharecorp action
—KMSUGAR: Demergercorp action
—RSYSTEMS: Interim Dividend - Rs 8 Per Sharecorp action
—NATCOPHARM: Rights 2:21 @ Premium Rs 748/-corp action

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