Avsar.
Daily Brief · Midday · 12:40 IST🟢 Risk-on

RBI rate hike, Gift Nifty up, Brent above $101 at midday

Nifty futures point higher even as RBI rate hike, oil strength and a firmer dollar keep the tone mixed at mid-session.

Watch:23:30 FOMC Meeting Minutes PTC: Dividend - Rs 5.50 Per Share⚔ 22,700.00 = max-pain pivot

Why the tape looks like this

1

Electronic Media leads (+3.33%), Stockbroking & Allied lags

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

2

Options pin the tape at 22,700

PCR 1.02 (put-writer edge), spot 22,627.35. Writers own 22,600–22,800. PCR has moved 1.05 → 1.02 since the open.

3

No rate cuts in future? Only rate hike or pause? What RBI Governor Sanjay Malhotra said; what it means for Sensex, Nifty

RBI MPC meeting October 2026: On Wednesday, RBI Monetary Policy Committee (MPC) unanimously increased the repo rate by 2

Options Board

Shift since open

PCR

1.05 → 1.02

put-writer edge

Max Pain

22,700

Spot

22,627.35

Put Wall

22,600

support

Call Wall

22,800

resistance

Open interest by strike

as of 09:29 IST
22,40022,45022,50022,55022,60022,65022,70022,75022,80022,85022,900
Call OI · resistance Put OI · supportATM 22,650

Key Developments

Since the open

No rate cuts in future? Only rate hike or pause? What RBI Governor Sanjay Malhotra said; what it means for Sensex, Nifty

Why it matters — RBI MPC meeting October 2026: On Wednesday, RBI Monetary Policy Committee (MPC) unanimously increased the repo rate by 2

Mint11:26 ISTpolicy

Sensex, Nifty trim losses as RBI hikes rate for first time in nearly four years; what's ahead

Business Today12:11 ISTpolicy

Nifty earnings seen rising 27%, strongest growth in 17 quarters in Q2: Motilal Oswal

Why it matters — India’s Q2FY27 earnings season is expected to mark a strong recovery in corporate profitability, with Nifty 50 earnings

ET Markets12:13 ISTearnings

Markets fall in early trade after two days of rally; Sensex falls 460 points

The Hindu12:16 ISTmarkets
I

Nifty valuations hit 4-year low: CLSA reveals 14 picks; banks lead, tech gets 1 spot

IndiaIPO12:04 ISTmarkets

Wheaton Precious Metals to report Q3 results on November 5

investing_in12:40 ISTearnings

EIA raises oil price forecasts as Iran war tightens global markets

Why it matters — The EIA raised its oil price forecasts, citing tight global inventories, limited diesel supplies and ongoing Middle East

ET Markets11:58 ISTcommodities

Still to Come

Results · macro · corporate actions

Macro & corporate actions

2
23:30FOMC Meeting Minutesmacro
—PTC: Dividend - Rs 5.50 Per Sharecorp action

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