Markets◆ Mixed
Sensex Expiry Today Prediction 29 Oct Thursday: Trading guide after US Fed FOMC outcome; support, resistance, strategy
BSE left its position unchanged with 29 Oct in focus.
· LiveMint Markets
The Sensex and Nifty opened 0.2% higher as investors weighed the Fed’s unchanged rates against elevated crude prices and foreign outflows. Ahead of monthly expiry, traders are watching 73,000 and 72,600 as support, with 73,500–73,800 as resistance.
Key facts
- Dates in focus
- 29 Oct
The analysis
BSE reported movement of 0.2%. Those are the figures as filed — what moves the price is how they sit against what the market already expected, not their absolute size.
Because the driver here is macro rather than company-specific, the read-through is to index-level positioning rather than to any single name — correlations tend to rise when the whole market faces the same signal.
Why it matters
- With BSE involved, this carries a regulatory dimension that can outlast the immediate market reaction.
Market context
- A market-wide development: it reaches beyond any single stock.