Taking Stock: Nifty50 rallies nearly 4% on F&O expiry day; fall 25% in March series

Episode 2350,   Mar 26, 2020, 12:14 PM

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The bulls remained in charge of D-Street from the beginning of the session on March 26 pushing the S&P BSE Sensex higher by over 1400 points while the Nifty50 reclaimed 8600 levels on the March F&O expiry day.

Let’s look at the final tally on D-Street – the Nifty50 rose 323 points to close at 8641, but for the March series, it fell 25.6 percent, worst fall in percentage terms since 2008 financial crisis. The S&P BSE Sensex also dropped 25 percent in the March series.