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Stock Market Live Updates 30 May 2024: Sensex, Nifty brace for volatility amid global weakness and F&O expiry
Sensex, Nifty, Share Prices LIVE: Indian benchmark indices, Sensex and Nifty, are expected to experience volatility influenced by weak global cues and the upcoming expiry of monthly F&O contracts on the NSE. Despite foreign portfolio investors turning net sellers in the cash segment, they have surprisingly become bullish in the F&O segment. Analysts have observed heightened long short ratio of FPIs, with call writing additions and put writers exiting observed at specific strikes, keeping the Nifty under pressure. Additionally, escalating tensions in West Asia and investor anxiety ahead of the general election results are contributing to market sentiment. Equities across the Asia-Pacific region are also down, with Japan’s Nikkei tumbling over 2.2% in the early session on Thursday.