Daily Brief · Closing Bell · 17:05 IST🔴 Risk-off

Nifty slips as crude rises and banks drag

Nifty closed lower as crude climbed, global cues stayed mixed and options positioning pointed to 22,600 support.

Watch:18:00 Core CPI y/y18:00 CPI y/y18:00 Core CPI m/m⚔ 22,600.00 = max-pain pivot

Why the tape looks like this

1

FII cash −₹1,305 cr vs DII +₹2,439 cr

Foreign selling met by domestic buying — net +₹1,134 cr on the session.

2

Options pin the tape at 22,600

PCR 0.86 (call-writer edge), spot 22,622.70. Writers own 22,000–23,000. PCR has moved 1.38 → 0.86 since the open.

3

Dealers-Commercial Vehicles, Tractors, Construction Vehicles leads (+9.35%), Refineries & Marketing lags

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

Global Cues

Overnight context
S&P 5007,805−0.0%
Dow51,670−0.3%
Nasdaq27,204−0.2%
FTSE 10010,691+0.4%
DAX25,431+0.7%
Nikkei67,744−0.0%
KOSPI6,009−0.4%
Hang Seng24,314+0.2%
Shanghai3,767−0.8%
Brent106.35+0.6%
WTI95.76+1.7%
Gold4,162−0.4%
USD/INR95.1−0.1%
DXY102.25+0.1%
US 10Y5.22−0.4%
Bitcoin83,357+0.3%
Ethereum2,501+0.2%

India VIX 14.63

Options Board

EOD wrap

PCR

1.38 → 0.86

call-writer edge

Max Pain

22,600

Spot

22,622.70

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

Institutional Flows

Provisional · cash market

FII CASH

−₹1,305 cr

DII CASH

+₹2,439 cr

NET

+₹1,134 cr

domestic cushion held

Key Developments

Since the open

Tomorrow

Results · macro · corporate actions

Macro & corporate actions

6
18:00Core CPI y/ymacro
18:00CPI y/ymacro
18:00Core CPI m/mmacro
18:00CPI m/mmacro
—VEDL: Interim Dividend - Rs 5 Per Sharecorp action
—TCS: Interim Dividend - Rs 12 Per Sharecorp action

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