Stocks retained in F&O ban: RBL Bank, Sammaan Capital
Stocks removed from F&O ban: HFCL
Market wrap up(DWM,T,N,E):The Nifty 50 reversed more than half of its recent rally during the latest correction, falling 166 points and extending its weakness for the fifth straight day on September 25. Technical and momentum indicators suggest further downside in the market, as the index slipped below the crucial support level of 24,900. As long as the index remains below this level, bears may continue to hold the upper hand and drag the index toward the 24,600–24,500 zone. However, in the event of a rebound, the 25,000–25,100 range is expected to act as an immediate hurdle, according to experts. The Nifty 50 formed a long bearish candle with an upper shadow on the daily timeframe, accompanied by above-average volumes—indicating weak momentum. The index maintained a lower high–lower low structure for the fifth consecutive session and slipped below the midline of the Bollinger Bands as well as the 20-day and 50-day EMAs. The RSI dropped below the key 50 level, settling at 46.20 with a bearish crossover, while the MACD showed a negative crossover with a weakening histogram. All these indicators point to a continuation of bearish sentiment. The Bank Nifty also formed a bearish candle with a long upper shadow on the daily timeframe, supported by above-average volumes—signaling selling pressure at higher levels. The banking index continued its lower high–lower low structure for the fifth straight session. It closed below the 10-day, 20-day, and 50-day EMAs and tested the 100-day EMA intraday. The index also saw a 38.2 percent retracement of its recent rally. The RSI, at 48.78, showed a negative crossover, while the histogram indicated fading momentum, even though the MACD remained in a positive crossover. These developments suggest emerging weakness in momentum.
