The sharp intraday selloff on September 28, which dragged the Nifty down 1.17%, is not a mere technical correction but a stark reminder of the market's fragile structural breadth. With the advance-decline ratio collapsing to 0.19 and volatility spiking, the rally's reliance on thin liquidity is being tested. Investors must look past index-level stability and recognize that the cost of protection is rising rapidly, making selective stock-picking the only viable path forward.
Aurific Market Desk
IntradayThe Illusion of Liquidity: India's Intraday Selloff Exposes a Fragile Breadth
A sharp intraday drop in the Nifty and a surging VIX reveal that beneath the surface of India's bull run lies a market highly vulnerable to sudden shifts in risk appetite.
By the Aurific Market DeskSeptember 28, 20264 min readAI-assisted
Nifty 50
-1.17%
intraday
Market breadth
118 / 632
adv / dec
India VIX
13.96
volatility
Top gainer
+20.00%
ADSL
Top loser
-20.00%
MEDICO
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