Avsar.
Daily Brief · Pre-Market · 08:21 IST🔴 Risk-off

Gift Nifty points to a weak open as oil and global stocks slip

Gift Nifty is down 1.13% at 22,542, with Brent at 102.11 and US, Asian cues softer. Nifty options show PCR at 1.02, max pain at 22,700, and nearby walls at 22,600 and 22,800.

Watch:14:00 FOMC Member Waller Speaks18:00 Unemployment Claims BHAGYANGR: Demerger⚔ 22,700.00 = max-pain pivot

Why the tape looks like this

1

Gift Nifty at 22,541.50 (−1.13%) — soft open signalled

S&P closed −0.22%, Nikkei −0.95% — that's the overnight handoff Indian futures are pricing.

2

Options pin the tape at 22,700

PCR 1.02 (put-writer edge), spot 22,627.35. Writers own 22,600–22,800.

3

Brent $102.11 (+1.91%) · USD/INR 96.75

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

Global Cues

Overnight context
S&P 5007,802−0.2%
Dow51,180−0.7%
Nasdaq27,539−0.2%
FTSE 10010,459−0.8%
DAX25,104−1.4%
Nikkei69,373−0.9%
KOSPI6,754−0.7%
Hang Seng24,064−0.3%
Shanghai3,842+0.0%
Brent102.11+1.9%
WTI89.68+1.6%
Gold4,164+0.6%
USD/INR96.8−0.0%
DXY102.21−0.0%
US 10Y5.28+0.2%
Bitcoin83,139−0.2%
Ethereum2,581+0.3%

India VIX 13.89

Options Board

2026-10-13 expiry

PCR

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

Overnight & pre-open
M

GIFT Nifty signals mildly positive start for Sensex, Nifty, even as RBI rate hike, rising oil, US yields...

Moneycontrol.com08:11 ISTpolicy

Stock Market Today: Gift Nifty, US Fed Minutes To Dollar — Five Key Factors For Sensex, Nifty 50 On October 8

NDTV Profit07:07 ISTpolicy
C

Sensex Today | Stock Market LIVE Updates: Nifty aims to bounce from post-policy slump as Q2 results begin with

CNBC TV1806:07 ISTearnings

Stock market outlook today, 8 Oct: Sensex, Nifty prediction - DJIA, S&P, NASDAQ, GIFT Nifty, Nikkei, Kospi, Taiwan cues

Why it matters — Stock market prediction for Thursday, 8 October, 2026: Gift Nifty was trading around the 22,557 level, down nearly 35 po

Mint06:50 ISTmarkets

Indian stock markets today: Sensex, Nifty likely to open weak

BusinessLine07:40 ISTmarkets

Brent Crude Above $101: Iran Strike Fears, Gulf Output Cuts Push Oil Higher

Why it matters — Oil pumped through Saudi Arabia's East-West pipeline had reached 5.8 million barrels as of Tuesday morning, according to

NDTV Profit06:24 ISTcommodities

Global Market Today: Asian stocks drop on inflation concerns, oil gains

Why it matters — MSCI’s Asia Pacific index for equities slipped 0.3%, with shares in Japan and South Korea falling, while markets in main

ET Markets06:07 ISTcommodities

Day Ahead

Results · macro · corporate actions

Macro & corporate actions

5
14:00FOMC Member Waller Speaksmacro
18:00Unemployment Claimsmacro
—BHAGYANGR: Demergercorp action
—SHARDUL: Buy Backcorp action
—BUILDPRO: Face Value Split (Sub-Division) - From Rs 10/- Per Share To Rs 2/- Per Sharecorp action

Reporting today

1
TCS#6

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