Daily Brief · Midday · 12:40 IST⚡ Mixed

Nifty at 22,996 as Gift Nifty points to a firm open

Gift Nifty is up 2.05% while global risk cues are mixed; Brent is down 1.46%, Shanghai is down 1.56%, and Nifty options show PCR at 1.76 with 23,000 CE wall and 22,700 PE wall.

Watch:18:00 Core PPI m/m18:00 Core Retail Sales m/m18:00 PPI m/m⚔ 22,900.00 = max-pain pivot

Why the tape looks like this

1

Electronic Media leads (+4.10%), Telecom - Cellular & Fixed line services lags

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

2

Options pin the tape at 22,900

PCR 1.76 (put-writer edge), spot 22,996.25. Writers own 22,700–23,000. PCR has moved 0.94 → 1.76 since the open.

3

market strategy sensex expiry fii selling nifty bank nifty

Top-ranked story this edition · Zee Business.

Options Board

Shift since open

PCR

0.94 → 1.76

put-writer edge

Max Pain

22,900

Spot

22,996.25

Put Wall

22,700

support

Call Wall

23,000

resistance

Open interest by strike

as of 12:40 IST
22,75022,80022,85022,90022,95023,00023,05023,10023,15023,20023,250
Call OI · resistance Put OI · supportATM 23,000

Key Developments

Since the open

Still to Come

Results · macro · corporate actions

Macro & corporate actions

9
18:00Core PPI m/mmacro
18:00Core Retail Sales m/mmacro
18:00PPI m/mmacro
18:00Retail Sales m/mmacro
18:00Philly Fed Manufacturing Indexmacro
18:00Unemployment Claimsmacro
—SHIVAMAUTO: Rights 19:25 @ Premium Rs 10/-corp action
—SHRADDHA: Rights 3:20 @ Premium Rs 150/-corp action
—ANANDRATHI: Interim Dividend - Rs 4 Per Sharecorp action

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