Nifty Drops 2% in 2 Seconds During Monthly Expiry, Recovers Quickly
On the monthly futures and options expiry day, Nifty's indicative price plunged 2% within two seconds, falling from 22,684 to 22,249 at 3:20:01 PM during the closing auction session. This sudden drop was followed by a swift recovery, with the index closing above the pre-CAS level. The day ended with Nifty down 64 points or 0.28%, reflecting typical volatility on expiry days.
ET Markets·4h ago

