Daily Brief · Pre-Market · 08:20 IST🟢 Risk-on

Gift Nifty points to a firm open as Brent and WTI jump

Gift Nifty is up +0.25% at 22,933.5. Brent is at $110.41 and WTI at $99.16, while DXY is up +0.09% and VIX is 14.77.

Watch: SGBOCT26: Redemption MRPL: Interim Dividend - Rs 3 Per Share ICICIAMC: Interim Dividend - Rs 30 Per Share⚔ 23,000.00 = max-pain pivot

Why the tape looks like this

1

Gift Nifty at 22,933.50 (+0.25%) — firm open signalled

S&P closed +0.28%, Nikkei +1.17% — that's the overnight handoff Indian futures are pricing.

2

Options pin the tape at 23,000

PCR 0.88 (call-writer edge), spot 22,888.95. Writers own 22,000–24,000.

3

Brent $110.41 (+1.49%) · USD/INR 94.77

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

Global Cues

Overnight context
S&P 5007,713+0.3%
Dow52,496+1.0%
Nasdaq26,425−0.0%
FTSE 10010,733−0.3%
DAX25,304−0.1%
Nikkei64,824+1.2%
KOSPI5,763+3.8%
Hang Seng23,818−0.2%
Shanghai3,728−0.2%
Brent110.41+1.5%
WTI99.16+1.4%
Gold4,133−0.2%
USD/INR94.80.0%
DXY101.79+0.1%
US 10Y5.12−0.4%
Bitcoin82,747−0.2%
Ethereum2,449+0.1%

India VIX 14.77

Options Board

2026-10-27 expiry

PCR

0.88

call-writer edge

Max Pain

23,000

Spot

22,888.95

Put Wall

22,000

support

Call Wall

24,000

resistance

Open interest by strike

as of 15:44 IST
22,65022,70022,75022,80022,85022,90022,95023,00023,05023,10023,150
Call OI · resistance Put OI · supportATM 22,900

Key Developments

Overnight & pre-open

Day Ahead

Results · macro · corporate actions

Macro & corporate actions

4
—SGBOCT26: Redemptioncorp action
—MRPL: Interim Dividend - Rs 3 Per Sharecorp action
—ICICIAMC: Interim Dividend - Rs 30 Per Sharecorp action
—ELECON: Interim Dividend - Re 0.50 Per Sharecorp action

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