The new week, following a long weekend, began on a highly disappointing note, as the festivities failed to cheer the markets. Starting the session with a gap-up, buyers failed to sustain at higher levels, allowing sellers to effectively utilise the relatively higher prices and launch another scathing wave of selling. The selling pressure not only erased the early morning gains but also engulfed the entire previous session, with prices eventually closing below the prior day’s lows. The day wrapped up on a fragile note, near the session lows at the 23118 mark, registering a loss of 1.19%.
Daily_Technical_Report_160926
Published on 16th September 2026
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