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

Gift Nifty signals a cautious start as Brent tops $110

Asian cues are weak, Brent is higher at $110.50, and Gift Nifty is down -1.30% with Nifty options showing a 0.70 PCR and 22,900 max pain.

Watch:18:00 Unemployment Claims VRLLOG: Buy Back JSWDULUX: Face Value Split (Sub-Division) - From Rs 10/- Per Share To Re 1/- Per Share⚔ 22,900.00 = max-pain pivot

Why the tape looks like this

1

Gift Nifty at 22,736.50 (−1.30%) — soft open signalled

S&P closed +0.58%, Nikkei −1.09% — that's the overnight handoff Indian futures are pricing.

2

Options pin the tape at 22,900

PCR 0.70 (call-writer edge), spot 22,811.35. Writers own 22,000–23,000.

3

Brent $110.50 (+1.54%) · USD/INR 94.45

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

Global Cues

Overnight context
S&P 5007,757+0.6%
Dow52,856+0.7%
Nasdaq26,703+1.1%
FTSE 10010,753+0.2%
DAX25,645+1.3%
Nikkei63,917−1.1%
KOSPI5,616−2.1%
Hang Seng23,059−2.5%
Shanghai3,671−1.1%
Brent110.50+1.5%
WTI98.36+1.2%
Gold4,135−0.4%
USD/INR94.50.0%
DXY101.65−0.1%
US 10Y5.15+0.6%
Bitcoin82,836−1.4%
Ethereum2,436−1.4%

India VIX 15.68

Options Board

2026-10-27 expiry

PCR

0.70

call-writer edge

Max Pain

22,900

Spot

22,811.35

Put Wall

22,000

support

Call Wall

23,000

resistance

Open interest by strike

as of 15:44 IST
22,55022,60022,65022,70022,75022,80022,85022,90022,95023,00023,050
Call OI · resistance Put OI · supportATM 22,800

Key Developments

Overnight & pre-open
I

Sensex, Nifty Today: GIFT Nifty signals cautious start as Crude tops $110

India IPO08:07 ISTcommodities
S

Trade Setup for Today: GIFT Nifty Dips as Asian Markets Slide; Wall Street Rally and FII Buying Offer Support as of October 22, 2026

scanx.trade08:09 ISTmarkets

Stock Market Today, GIFT Nifty Live: Sensex, Nifty Likely To Open Lower; Asian Markets Mixed; Swiggy, BEL, Persistent In Focus

Why it matters — Stock Market Today LIVE: Globally, Asian markets traded mixed, while the US stock market rallied overnight, led by gains

NDTV Profit07:29 ISTmarkets

Govt bond selloff to continue as RBI policy minutes hint at more rate hikes

Why it matters — Benchmark ⁠6.94% 2036 bond yield may trade between 7.40% and 7.47%, trader at a primary dealership says

BusinessLine07:52 ISTpolicy

Dip in the dollar takes a breather with Fed in focus

Why it matters — Investors are currently preparing for upcoming central bank meetings next week, expecting interest rate holds in major e

ET Markets07:52 ISTpolicy

Oil Price Today (October 22): Crude oil above $110 as energy infra attacks heighten supply fears. More tension ahead?

Why it matters — Brent crude traded 1.18% higher at $110.18 a barrel, while US West Texas Intermediate (WTI) crude was trading more than

ET Markets07:44 ISTcommodities

Singapore Dollar Gains on Yen as Carry Funder, Analysts Say

Why it matters — The Singapore dollar is gaining favor as a funding currency for carry trades as cheap borrowing costs and fading expecta

Mint07:23 ISTfx

Day Ahead

Results · macro · corporate actions

Macro & corporate actions

5
18:00Unemployment Claimsmacro
—VRLLOG: Buy Backcorp action
—JSWDULUX: Face Value Split (Sub-Division) - From Rs 10/- Per Share To Re 1/- Per Sharecorp action
—TIPSMUSIC: Interim Dividend - Rs 6.50 Per Sharecorp action
—ANGELONE: Interim Dividend - Rs 1.40 Per Sharecorp action

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