Nifty Snaps 3-Day Losing Streak Amid CAS Volatility

Nifty and Sensex closed higher on September 10, while sharp swings during the closing auction session highlighted market volatility. Indian benchmark indices ended higher on Thursday, September 10, with the Nifty 50 snapping a three-session losing streak. However, the session was marked by sharp volatility during the Closing Auction Session (CAS) amid Sensex F&O expiry. The BSE Sensex moved from 74,629 at 3:15 pm to a high of 75,708 at the indicative close, surging more than 1,000 points before reversing nearly 700 points within five minutes. Meanwhile, the Nifty 50 jumped from 23,389 at 3:15 pm to 23,761 by 3:21 pm. At the close, the Nifty 50 gained 0.20% to 23,477.80, while the BSE Sensex advanced 0.19% to 74,902.59. The Closing Auction Session (CAS) was introduced in early August, and lower liquidity during the auction window has been associated with heightened volatility during the final 10–15 minutes of trading. Among Nifty 50 constituents, HDFC Life Insurance Company Ltd. (NSE: HDFCLIFE) and Power Grid Corporation of India Ltd. (NSE:

) were among the top gainers, rising more than 2% each. While closing-auction movements can significantly impact end-of-day prices, such swings should be viewed separately from broader market trends and underlying fundamentals. 📌 Disclaimer: This content is for information only and not investment advice. Investments in securities market are subject to market risks. Read all the related documents carefully before investing. Please consult a SEBI-registered advisor before making any investment decisions.