Daily Brief · Pre-Market · 08:20 IST⚡ Mixed

Gift Nifty points to a firmer open; crude oil stays elevated

Gift Nifty is up 1.71% at 22,808, while Brent is at $106.72 and WTI at $95.07. VIX is 14.12, and Nifty options lean above spot with PCR at 1.38.

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

Gift Nifty at 22,808.00 (+1.71%) — firm open signalled

S&P closed −0.08%, Nikkei +0.61% — that's the overnight handoff Indian futures are pricing.

2

Options pin the tape at 22,700

PCR 1.38 (put-writer edge), spot 22,721.95. Writers own 22,500–23,000.

3

Brent $106.72 (+0.97%) · USD/INR 95.28

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

Global Cues

Overnight context
S&P 5007,805−0.1%
Dow51,670+0.0%
Nasdaq27,204−0.2%
FTSE 10010,650+0.9%
DAX25,260+0.7%
Nikkei68,193+0.6%
KOSPI6,123+1.5%
Hang Seng24,356+0.0%
Shanghai3,800−0.0%
Brent106.72+1.0%
WTI95.07+1.0%
Gold4,186+0.2%
USD/INR95.30.0%
DXY102.13−0.0%
US 10Y5.22−0.4%
Bitcoin83,436+0.4%
Ethereum2,507+0.4%

India VIX 14.12

Options Board

2026-10-19 expiry

PCR

1.38

put-writer edge

Max Pain

22,700

Spot

22,721.95

Put Wall

22,500

support

Call Wall

23,000

resistance

Open interest by strike

as of 15:44 IST
22,45022,50022,55022,60022,65022,70022,75022,80022,85022,90022,950
Call OI · resistance Put OI · supportATM 22,700

Key Developments

Overnight & pre-open

Day Ahead

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.