S&P CNX NIFTY INDEX FUTURES

Mentorship InstaView 28 Sept’21: Fasten your Seat Belts

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Nifty View: Quite a volatile session for the benchmark Nifty in today’s trade. At a close of 17,730 it was a negative close for the index, down over 120 points. We did notice a sharp bounce back from the index at the final hours, majorly contributed by the bank nifty and ICICIBANK to name one stock. The underlying trend of the index is still very much UP and considering we are heading towards the expiry of derivatives contracts this Thursday, we can continue to face a heightened degree of intraday volatility. Please watch the video for a detailed analysis on the index and sectors.

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