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Sensex Today | Stock Market LIVE Updates: The markets are moving on cautious note on this Nifty monthly expiry session. The Nifty is now trading cuts of 70 points, nearing the 24,150 mark. The Nifty bank has fallen from the highs of the day, droppig 200 points from highs. HCLTech, Cipla and Tata Motors PV are the top laggards.
Sensex Today | Stock Market LIVE Updates: The market is moving on a cautious note, as the indices look to make a recovery from opening lows of the day. The top three stocks gaining with the most volumes are fertiliser stocks, including the loss-making FACT (a government-owned company), which has overtaken Coromandel Fertilisers by market capitalisation.
Hindustan Copper is the most active stock in trade today. More than 16 million shares have exchanged hands in the first hour of trade as the government's offer for sale kicks of.
It's the first F&O expiry since the start of the closing auction session (CAS).
Market participants say today's expiry could prove particularly challenging because of single-stock options. Even a sharp last-minute move during the auction can alter the settlement outcome, potentially pushing contracts from out-of-the-money to in-the-money status.
Since these contracts are physically settled, such swings could leave investors facing unexpected delivery obligations, requiring them to either deliver shares or arrange funds for settlement.
Watch this space for all the LIVE stock market updates.
HomeMarket NewsSensex Today | Stock Market LIVE Updates: Nifty Metal index falls 1%; Hind Copper falls over 7%
