India's Nifty fell 0.28% to 22,716.2 and Sensex dropped 0.33% to 72,529.07 on Tuesday, as the September monthly expiry and Nifty's half-yearly rebalance triggered the second-highest closing auction volume ever. Sharp swings were driven by short covering in 22,800 put options. Foreign selling and rising US yields weigh on markets.
Indian Markets Swing on Expiry Day Amid High Derivatives Activity
Source: Business Standard