Nifty Jumps 300 Points in One Minute, Then Retreats The Nifty made a sharp but short-lived move on expiry day, rising 300 points in a single minute and crossing the 23,0...
The Nifty made a sharp but short-lived move on expiry day, rising 300 points in a single minute and crossing the 23,000 mark before giving back much of the advance.
The surge sent the index past 23,000 during the session. The move was described as being driven by CAS, although no further details were provided.
The rally did not hold through the rest of the trading session. The NSE subsequently pared gains, with the Nifty finishing at 22,776.
The session was marked by a dramatic intraday jump followed by a retreat below the 23,000 level by the close.
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