π Sensex crash: was it just a one-off event?
The Sensex experienced a massive 2,000-point drop during monthly expiry, but Friday's close was much calmer. This drop happened on Thursday during the first monthly derivatives expiry after the introduction of CAS in India. The volatile move sparked social media anger, yet Friday's quiet session hints the issue might be expiry positioning. SEBI Chairman Tuhin Kanta Pandey confirmed no changes to CAS, saying participation will improve over time. π