Sensex Today | Stock Market Live Updates: Nifty aims to arrest fall on monthly expiry, rebalancing day
CNBC-TV18 1 hr ago·29 Sept 2026, 12:53 am
The Indian stock market is currently navigating a volatile session as it approaches the monthly expiry and a significant rebalancing event. This combination of factors has created a tense environment for investors, with the Nifty 50 index attempting to halt its recent downward trend. The market is closely watching the final 30 minutes of trading, which will be critical as the exchange's rebalancing activities coincide with the Closing Auction Session.
For market participants, the key focus is the Nifty's ability to hold above the 23,000 level. Analysts suggest that a potential rebound, or short-covering rally, is unlikely to materialize until the index closes firmly above this psychological threshold. Failure to do so could trigger further selling pressure, potentially driving the index toward the 22,500 mark, a level where significant Put Open Interest suggests a strong support zone.
Investors should remain cautious and monitor the index movement closely during the closing auction. The interplay between expiry pressures and rebalancing activities will likely determine the market's direction in the final minutes of trading. Keeping an eye on the 23,000 and 22,500 levels will be essential for gauging the market's immediate sentiment.
Excerpt from CNBC-TV18
Sensex Today | Stock Market Live Updates: The last 30 minutes of today's session will be crucial, as the NSE rebalancing will coincide with the Closing Auction Session (CAS). Analysts believe that a short-covering move will only happen once the Nifty closes above the 23,000 mark, else there is a fear that the index…Read the original at CNBC-TV18
Key takeaways
- Category: Stocks.
- Flagged as a high-impact, market-moving story.
Why it matters
This is a high-impact development and could move the stock. Use the price and stock snapshot to gauge how the market is responding.
