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Friday, 28 August 2026

Nifty Tests 24,000 as HDFC Bank Lawsuit and CAS Expiry Rattle Sentiment

Third Week in the Red

The Sensex shed 539 points to close at 76,933.59 (-0.93%) and the Nifty slipped 117 points to 24,090.85 (-1.00%), marking a one-week low and putting the index on course for a third straight weekly decline. Thursday's session was the first monthly expiry under the new Closing Auction Session mechanism, and traders say CAS-related volatility amplified the swings into the close. Market breadth stayed decisively negative even as select pockets like pharma, healthcare and consumer durables bucked the trend.”},{

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