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Stock Market Live Updates 25 January 2024: Updates: Sensex slips below 71,000, Nifty struggles as global headwinds impact Indian markets

Stock Market Live Updates 25 January 2024: Updates: Sensex slips below 71,000, Nifty struggles as global headwinds impact Indian markets
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nifty expiry today: Nifty options strategy: What should traders do on weekly expiry?

Nifty dipping below its previous swing high on the daily chart is indicative of a decline in bullish sentiments and the index experienced a correction following a period of consolidation, Rupak De, Senior Technical analyst at LKP Securities said adding that this could be considered as an early indication of a bearish reversal.

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F&O Expiry: Nifty likely to test 18,900, support seen at 18,770; shows data

Meanwhile, the Bank Nifty is likely to counter resistance around 44,300 in today's trade.

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NSE, BSE Expiry Calendar: Here s a look at F&O expiry days for Nifty50, Bank Nifty, BSE Sensex, other contracts

The NSE has changed the Bank Nifty Futures and Options expiry day to Friday from Thursday, effective from July 14. The move is seen as a response to competition from the BSE s Sensex and Bankex derivatives contracts, which expire on Friday and are attracting investors with lower charges.

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