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

Gift Nifty points to a weaker start as crude stays elevated

Gift Nifty is down 1.46%, while Brent is at $103.31 and the rupee is at 96.78. Nifty options show PCR at 0.62, with 23,000 CE and 21,000 PE as key walls.

Watch:19:30 Prelim UoM Consumer Sentiment19:30 Prelim UoM Inflation Expectations TCI: Buy Back⚔ 22,400.00 = max-pain pivot

Why the tape looks like this

1

Gift Nifty at 22,227.00 (−1.46%) — soft open signalled

S&P closed −0.47%, Nikkei −0.77% — that's the overnight handoff Indian futures are pricing.

2

Options pin the tape at 22,400

PCR 0.62 (call-writer edge), spot 22,231.80. Writers own 21,000–23,000.

3

Brent $103.31 (−0.93%) · USD/INR 96.78

Softer crude eases the import bill and OMC marketing margins.

Global Cues

Overnight context
S&P 5007,765−0.5%
Dow51,232+0.1%
Nasdaq27,193−1.3%
FTSE 10010,442−0.2%
DAX24,807−1.2%
Nikkei68,512−0.8%
KOSPI6,626−2.6%
Hang Seng24,049+1.1%
Shanghai3,764−1.3%
Brent103.31−0.9%
WTI90.80−0.8%
Gold4,202+1.1%
USD/INR96.80.0%
DXY102.02−0.1%
US 10Y5.23−0.9%
Bitcoin82,053+0.4%
Ethereum2,487+0.6%

India VIX 15.28

Options Board

2026-10-13 expiry

PCR

0.62

call-writer edge

Max Pain

22,400

Spot

22,231.80

Put Wall

21,000

support

Call Wall

23,000

resistance

Open interest by strike

as of 15:44 IST
22,00022,05022,10022,15022,20022,25022,30022,35022,40022,45022,500
Call OI · resistance Put OI · supportATM 22,250

Key Developments

Overnight & pre-open

Indian equities face sharp sell-off, Sensex and Nifty hit 2026 lows amid rising rates and crude prices

The Economic Times07:15 ISTcommodities

Sensex Today | Nifty 50 | Stock Market Live Updates: GIFT Nifty signals a positive start; Asian shares trade lower

ET Markets07:29 ISTmarkets

Stock market outlook today, 9 Oct: Sensex, Nifty prediction - DJIA, S&P, NASDAQ, GIFT Nifty, Nikkei 225 cues

Why it matters — Stock market prediction for Friday, 9 October, 2026: Gift Nifty was trading around the 22,370 level, up nearly 115 point

Mint06:48 ISTmarkets

Gold nudges higher with inflation risks, Fed rate path in focus

Why it matters — On Friday, gold prices experienced a modest uptrend as investors weighed concerns about inflation alongside potential in

ET Markets07:19 ISTpolicy
T

Perfect storm: Sensex slips amid rising oil, bond yields

The Times of India06:40 ISTcommodities

Rising oil, weak rupee and rate fears hammer Dalal Street; VIX jumps 10%

Why it matters — On Thursday, Indian equities faced a significant sell-off, leading to declines in both Sensex and Nifty. The Sensex drop

ET Markets07:15 ISTcommodities

Jane Street hits back at Sebi’s allegations, says ‘regulator changed the goal posts’

Why it matters — Jane Street's counsel challenged the Securities and Exchange Board of India's claims regarding its trading strategy and

ET Markets06:26 ISTmarkets

Day Ahead

Results · macro · corporate actions

Macro & corporate actions

8
19:30Prelim UoM Consumer Sentimentmacro
19:30Prelim UoM Inflation Expectationsmacro
—TCI: Buy Backcorp action
—ACCELYA: Dividend - Rs 35 Per Sharecorp action
—MOLDTKPAC: Bonus 1:1corp action
—706GS2046: Interest Paymentcorp action
—MOLDTECH: Bonus 1:1corp action
—SKYWAYS: Interim Dividend - Re 0.25 Per Sharecorp action

Reporting today

3
POONAWALLA#232ANANDRATHI#246CANHLIFE#499

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