Daily Brief · Pre-Market · 08:20 IST🔴 Risk-off

Flat open likely as Gift Nifty slips and Asia weakens

Gift Nifty is at 22,611, Nifty options show 0.86 PCR and 22,600 max pain, while Brent is at $104.44 and US 10Y is at 5.19.

Watch:18:00 Core PPI m/m18:00 Core Retail Sales m/m18:00 PPI m/m⚔ 22,600.00 = max-pain pivot

Why the tape looks like this

1

Gift Nifty at 22,611.00 (−0.68%) — soft open signalled

S&P closed −1.11%, Nikkei −4.81% — that's the overnight handoff Indian futures are pricing.

2

Options pin the tape at 22,600

PCR 0.86 (call-writer edge), spot 22,622.70. Writers own 22,000–23,000.

3

Brent $104.44 (−1.53%) · USD/INR 95.14

Softer crude eases the import bill and OMC marketing margins.

Global Cues

Overnight context
S&P 5007,719−1.1%
Dow51,621−0.1%
Nasdaq26,693−1.9%
FTSE 10010,725+0.7%
DAX25,299+0.2%
Nikkei64,489−4.8%
KOSPI5,559−7.5%
Hang Seng24,041−1.1%
Shanghai3,703−1.7%
Brent104.44−1.5%
WTI94.00−1.1%
Gold4,165+1.4%
USD/INR95.10.0%
DXY102.03−0.5%
US 10Y5.19−0.5%
Bitcoin81,104−0.6%
Ethereum2,365−2.2%

India VIX 14.63

Options Board

2026-10-19 expiry

PCR

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

Key Developments

Overnight & pre-open

Day Ahead

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