Sep 2: $NIFTY is parked at make-or-break 23,950, $SENSEX quiet. $ICICIBANK keeps closing in on $HDFCBANK for Nifty’s top spot. $GIFTNIFTY points to a weak start.

SEBI’s closing auction is squeezing F&O: NSE/BSE August equity derivatives turnover hit a multi-month low. $USDINR closed at 94.95, near a 2-month high. Banks cut FCNR deposit rates by up to 310 bps—margin relief for $BANKNIFTY. But BOJ’s Ueda signals a September rate-hike chat, keeping Asian equities nervous. So what? 23,950 is the line for $NIFTY. Lose it and tomorrow’s open gets heavier. Watch banks, F&O volumes, and the weak $GIFTNIFTY signal. Watch: $77K

SEBI’s closing auction is squeezing F&O: NSE/BSE August equity derivatives turnover hit a multi-month low. $USDINR closed at 94.95, near a 2-month high.