HDFC Bank has fallen significantly, trading about 30% lower from its 52-week high.
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Nifty made DOUBLE BOTTOM? Post Market Report 01-Oct-26
Oct 5, 2026
PR Sundar discusses the volatile Indian market, noting that while Nifty managed to hold above 22,500, heavy FII selling and rising volatility remain significant concerns. He shares his personal strategy of selling put options on Reliance Industries as a long-term accumulation play, while maintaining a cautious, bearish outlook on the broader market.
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Nifty is in a precarious position; holding 22,500 is critical for a potential slow recovery, but the overall trend remains bearish due to heavy FII selling.
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