There is a settlement window daily after 3:40 PM (between Session 1 and Session 2). However, the lower price (~23,091) showing on most platforms is not coming from a Sunday morning settlement.
It is the latest live traded price from Session 2 (4:35 PM to 2:45 AM), which continued trading after Friday’s US market sell-off. https://t.co/C3b0KbgrBV is showing the official close of Session 1 (Friday 3:40 PM), while other sites are reflecting the actual trades that happened later in the overnight session.
@kohlirajkumar32@TA_Purvesh https://t.co/0pzhFQZsK9 figure shows Gift Nifty as on Indian market closing at 3.40PM. It somehow missed the movement of Gift Nifty from 4.35 PM to 2.45 AM.
Escalating tensions in the Middle East are now adding a material crude risk premium. Any sustained supply disruption would hit India hardest as a large net importer, raising imported inflation and current account stress on top of already fragile domestic flows. This increases the probability of Nifty breaking below the 22,850 support on Monday beyond what global risk alone implies.
With global markets closing sharply lower led by Nasdaq’s 4.18% drop, Gift Nifty at 23,091 (-1.54%) flags clear downside risk for Nifty on Monday. India’s setup looks more vulnerable than global peers given elevated valuations and persistent outflows. The 22,850 support zone is now at clear risk of a decisive breach.
With global markets closing sharply lower led by Nasdaq’s 4.18% drop, Gift Nifty at 23,091 (-1.54%) flags clear downside risk for Nifty on Monday. India’s setup looks more vulnerable than global peers given elevated valuations and persistent outflows. The 22,850 support zone is now at clear risk of a decisive breach.
With global markets closing sharply lower led by Nasdaq’s 4.18% drop, Gift Nifty at 23,091 (-1.54%) flags clear downside risk for Nifty on Monday. India’s setup looks more vulnerable than global peers given elevated valuations and persistent outflows. The 22,850 support zone is now at clear risk of a decisive breach.
@being_dsb@TrendonomicsHD You still haven't fully understood the gravity of the situation. Consider yourself lucky if the Nifty doesn't fall more than 2.5% on Monday.