Stocks · Market intelligence desk
Pre-open brief
Opens 09:15Market regime:falling

Market View This Morning

NIFTY had a strong day at 22,997, +1.66% on the session, with BANKNIFTY and SENSEX higher too.

End of dayIndex close Thu 15 Oct · 15:30 ISTOption chain and structure Thu 15 OctOvernight Fri 16 Oct · read 08:00 IST

What matters today
  • India VIX13.99
    busy

    With the option market busy, NIFTY has moved about 1.4% either way over the following five sessions — 581 past cases.

  • GIFT Nifty overnight+2.10%
    read Fri 16 Oct

    After overnight moves like this, NIFTY has opened the same way 74 times in 100, and the opening gap has typically been about 64 points — over 103 past mornings.

  • Next eventToday
    CROMPTON results (board meeting)

    On days of this kind NIFTY has moved about 0.59% either way, and moved more than 1% on 38 of every 100 — over 56 past cases.

NIFTYBANKNIFTYSENSEX
The last sixty sessions

Where BANKNIFTY has been, with every level drawn on it

the week, the month and the levels' record
60 sessions · daily candles · the levels that have heldR1 56,996 · 2 touchesWeekly R 56,444 · last weekly swingWeekly S 55,745 · last weekly swingS1 53,786 · nearest there isbroke down through 56,823broke down through 57,002broke down through 55,69955,811 close22 Jul7 Aug25 Aug10 Sep29 Sep
The option writers

Where BANKNIFTY's open contracts sit against the close

the full chain
Open interest by strikeMonthly expiry · Tue 27 Oct · 12 days to go · PCR 1.03
calls writtenputs written56,00056,000 calls — 13,01,520 contracts open55,50055,500 calls — 7,13,700 contracts open55,80055,800 calls — 2,44,650 contracts open55,50055,500 puts — 8,88,990 contracts open56,00056,000 puts — 7,48,860 contracts open55,40055,400 puts — 2,02,080 contracts open55,811
PCR over the weekputs open against calls open, the front contract, one dot a session
even · 1.000.99Fri 90.92Mon 121.06Tue 130.99Wed 141.03Thu 15
Priced to expirypriced ±1,124 pts (about 2.0%)the at-the-money straddle on Tue 27 Oct, as points either side of 55,811What each structure is exposed toEleven structures, priced on this boardthe payoff, the breakevens, the Greeks and what each carries into expiry
Overnight and the world

What moved while India was shut

every series
Overnight · GIFT Nifty
+2.10%23,097
read Fri 16 Oct · 08:00 IST · a futures contract, so its move is not NIFTY's opening move
Typical open after a move like this
23,058
Middle half of those mornings
23,010 – 23,212
NIFTY closed
22,997
Mornings counted
38
GIFT overnight against NIFTY's openGIFT overnightNIFTY's opening gap
0%+0.7%−0.7%+0.49%+0.37%+0.07%+0.32%+0.25%+0.00%−0.37%−0.03%−0.03%+0.22%
  • morningGIFT readNIFTY openedgap
  • 9 Oct22,36322,315+83
  • 12 Oct22,61822,593+73
  • 13 Oct22,42722,364+1
  • 14 Oct22,76522,716−6
  • 15 Oct22,61622,671+49

GIFT is its change on its own previous close, read before the bell; NIFTY is where it opened against its own previous close. GIFT is a futures contract and sits at its own level, so the bars compare the two MOVES and the table gives the two prices. A record of five mornings that have already opened.

USD / INR
INR 95.29
to the dollar
Wed 14 Oct
that market's own close
a session behind the others
▼ −0.51%
the rupee — foreign flows are priced in it
Brent crude
USD 106.06
per barrel
Wed 14 Oct
that market's own close
a session behind the others
▲ +0.35%
crude, which India imports
Gold
USD 4,184.80
an ounce
Fri 16 Oct
read 08:00 IST
▲ +1.87%
the haven bid, quoted through the Indian morning
The ten largest changes

Where the market moved most on 15 Oct 2026

The session’s biggest moves in each stock’s own normal day, and what each company filed before that session opened.

the whole scan
StockMove, in its normal dayFiled before the session
YESBANK−4.38×no filing
NESTLEIND−2.95×results
CANBK−2.51×results
ICICIBANK+2.10×no filing
BHEL−2.00×results
HDFCAMC+1.91×results
HINDPETRO+1.87×no filing
RELIANCE+1.72×no filing
CGPOWER−1.72×no filing
BAJAJHLDNG+1.70×no filing

Thu 15 Oct 2026. Each move is measured in that stock's own normal day, so a quiet stock and a volatile one sit on one scale; the order is the size of the move, nothing else.

Foreign investors

How much of the foreign index-futures book is long

10.8% long89.2% shortThu 15 Oct
usual · 12% long · above this chart9.6%Fri 99.0%Mon 129.8%Tue 139.4%Wed 1410.8%Thu 15

Most of the time this book has been about 12% long. Today it is 10.8% long — 1.2 points less short than a week ago.

Long38,549Short3,18,376Net−2,79,827

In options: 2,07,881 more calls written than held; 4,47,027 more puts held than written.

In cash

In cash, foreign investors sold INR 5,285 cr on Thu 15 Oct while domestic funds bought INR 3,319 cr. They have been net sellers on 5 of the last 5 sessions. Selling shares while covering the futures short is a hedge coming off.

Calendar

What is coming

  • Fri 16 OctCROMPTON results (board meeting)Company results
  • Fri 16 OctDLF results (board meeting)Company results
  • Fri 16 OctFEDERALBNK results (board meeting)Company results
  • Fri 16 OctLTM results (board meeting)Company results
  • Fri 16 OctOBEROIRLTY results (board meeting)Company results
  • Fri 16 OctPNB results (board meeting)Company results
  • Fri 16 OctUJJIVANSFB results (board meeting)Company results
  • Sat 17 OctAXISBANK results (board meeting)Company results

The full calendar, with what these dates have meant before →