Daily Brief · Midday · 12:40 IST🔴 Risk-off

Nifty holds near 22,700 as crude stays firm and Gift Nifty softens

Midday trade is flat to slightly weak. Crude remains firm, Gift Nifty is lower, and option positions keep 22,700 in focus.

Watch:18:00 Core CPI m/m18:00 CPI m/m18:00 Core CPI y/y⚔ 22,700.00 = max-pain pivot

Why the tape looks like this

1

Dealers-Commercial Vehicles, Tractors, Construction Vehicles leads (+9.35%), Leather And Leather Products lags

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

2

Options pin the tape at 22,700

PCR 1.14 (put-writer edge), spot 22,719.35. Writers own 22,700–23,000. PCR has moved 1.38 → 1.14 since the open.

3

Sensex falls 250 pts from day's high, Nifty below 22,700: Rising crude prices among key factors behind...

Top-ranked story this edition · Moneycontrol.com.

Options Board

Shift since open

PCR

1.38 → 1.14

put-writer edge

Max Pain

22,700

Spot

22,719.35

Put Wall

22,700

support

Call Wall

23,000

resistance

Open interest by strike

as of 12:40 IST
22,45022,50022,55022,60022,65022,70022,75022,80022,85022,90022,950
Call OI · resistance Put OI · supportATM 22,700

Key Developments

Since the open

Still to Come

Results · macro · corporate actions

Macro & corporate actions

6
18:00Core CPI m/mmacro
18:00CPI m/mmacro
18:00Core CPI y/ymacro
18:00CPI y/ymacro
—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.