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Sensex Expiry Today Prediction 29 Oct Thursday: Trading guide after US Fed FOMC outcome; support, resistance, strategy
Mint 1 hr ago·29 Oct 2026, 4:25 am
The Indian stock market is set for a volatile session as key indices approach a monthly expiry. The focus is on how investors will digest the US Federal Reserve's latest interest rate decision, which kept borrowing costs steady. This macro backdrop is being weighed against domestic headwinds, including rising crude oil prices and sustained foreign fund outflows.
For traders, the technical landscape is critical. The Sensex is currently hovering near a key support zone between 73,000 and 72,600. Resistance is expected to come in around 73,500 to 73,800. This range will likely determine the market's direction for the rest of the day.
Investors should monitor the breadth of the market and the movement of the Nifty 50 index. A decisive move above the resistance zone could signal a short-term rally, while a break below support might trigger further selling pressure. Keep a close watch on global cues and domestic liquidity flows.
Excerpt from Mint
The Sensex and Nifty opened 0.2% higher as investors weighed the Fed’s unchanged rates against elevated crude prices and foreign outflows. Ahead of monthly expiry, traders are watching 73,000 and 72,600 as support, with 73,500–73,800 as resistance. Stock market today : Indian equity benchmarks opened marginally higher…Read the original at Mint
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