Reported by CNBC-TV18 Markets, not nibnow. We are not the publisher of this story, only the source is.
The monthly expiry of NSE contracts can cause heightened volatility, affecting the Sensex and Nifty 50 levels that investors track daily.
Sensex Today | Stock Market Live Updates: Today is the monthly expiry of all NSE contracts. The Nifty 50 is nearly at the same levels at which it closed the September series as of Monday. The index snapped a four-day losing streak on Monday and continued with Friday's trend of a steep initial fall, followed by a sharper recovery.
The NSE monthly expiry is when futures and options contracts settle, often leading to sharp price moves in major Indian indices like the Sensex and Nifty 50, which are barometers of the Indian stock market.