Daily Brief · Midday · 12:40 IST🔴 Risk-off

Nifty slips as Brent tops $114 and Gift Nifty points lower

Indian equities are under pressure at midday as crude stays hot, Gift Nifty is weak, and Nifty options lean bearish with 22,000 put support and 23,000 call supply.

Watch:19:15 Flash Manufacturing PMI19:15 Flash Services PMI19:30 Revised UoM Consumer Sentiment⚔ 22,650.00 = max-pain pivot

Why the tape looks like this

1

Trading - Textile Products leads (+2.51%), Electrodes & Refractories lags

2 of 14 sector groups are positive — narrow leadership, watch the tape.

2

Options pin the tape at 22,650

PCR 0.69 (call-writer edge), spot 22,417.85. Writers own 22,000–23,000. PCR has moved 0.89 → 0.69 since the open.

3

Sensex today | Stock Market Live: Sensex drops 500 pts, Nifty slips below 22,500 as Brent crude tops $114

Sensex, Nifty, Share Prices LIVE: Indian equity benchmarks Sensex and Nifty opened higher on Friday but struggled to bui

Options Board

Shift since open

PCR

0.89 → 0.69

call-writer edge

Max Pain

22,650

Spot

22,417.85

Put Wall

22,000

support

Call Wall

23,000

resistance

Open interest by strike

as of 12:40 IST
22,15022,20022,25022,30022,35022,40022,45022,50022,55022,60022,650
Call OI · resistance Put OI · supportATM 22,400

Key Developments

Since the open

Still to Come

Results · macro · corporate actions

Macro & corporate actions

17
19:15Flash Manufacturing PMImacro
19:15Flash Services PMImacro
19:30Revised UoM Consumer Sentimentmacro
19:30Revised UoM Inflation Expectationsmacro
—IRFC: Interim Dividend - Rs 1.15 Per Sharecorp action
—TECHM: Interim Dividend - Rs 15 Per Sharecorp action
—BEPL: Interim Dividend - Re 1 Per Sharecorp action
—OBEROIRLTY: Interim Dividend - Rs 2 Per Sharecorp action
—772GS2055: Interest Paymentcorp action
—ICICIGI: Interim Dividend - Rs 7 Per Sharecorp action
—360ONE: Interim Dividend - Rs 7.50 Per Sharecorp action
—MODISONLTD: Interim Dividend - Rs 4 Per Sharecorp action

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