The brutal 3 PM drop in Nifty was a purely mechanical event, driven entirely by global funds blindly executing MSCI rebalancing orders right at the closing bell.
Global passive funds are strictly mandated to adjust their portfolio weightings exactly at the market close.
#nifty
Back to being a maestro! 😑
The market has infinite means and ways to trick a trader. Got tricked today despite the direction being right.
Say no to fake screenshots! Check out my P&L - #VerifiedBySensibullverified.sensibull.com/ps/ob…