Gift Nifty points to a positive open as oil eases
Gift Nifty is up +0.96% before the open, while Brent and WTI are lower and DXY is slightly softer. Nifty options show 1.27 PCR, with 22,500 as max pain and the put wall.
Why the tape looks like this
Gift Nifty at 22,584.00 (+0.96%) — firm open signalled
S&P closed +0.59%, Nikkei −0.02% — that's the overnight handoff Indian futures are pricing.
Options pin the tape at 22,500
PCR 1.27 (put-writer edge), spot 22,520.45. Writers own 22,500–23,000.
Brent $103.07 (−1.58%) · USD/INR 96.78
Softer crude eases the import bill and OMC marketing margins.
Global Cues
Overnight contextIndia VIX 14.38
Options Board
2026-10-13 expiryPCR
1.27
put-writer edge
Max Pain
22,500
Spot
22,520.45
Put Wall
22,500
support
Call Wall
23,000
resistance
Open interest by strike
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Educational market commentary only. Not SEBI-registered investment advice.