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Stock Market Crash: Nifty Key Support Slips To 24,600 Post MSCI Rejig

"One should not go all out and buy as there is deep cut in the market," market expert Neeraj Dewan advised.

Stock Market Crash: Nifty Key Support Slips To 24,600 Post MSCI Rejig
Experts reacted on the stock market crash that dragged Nifty below 25,200.
Image: NDTV Profit

The NSE Nifty 50 registered a sharp fall, breaching below the support levels of 25,300 just minutes before the weekly close. The benchmark index's support has slipped to 24,900- 24600, according to Kunal Shah from Mirae Asset.

While experts suggest there are no substantial technical reasons for the fall aside from the MSCI adjustment or rejig, they warn of acting out in panic. 

Kush Bohra, SEBI-registered investment advisor and founder of Kushbohra.com, suggests investors with no existing positions to "wait this one out and do not act in panic. Let's wait and see how markets react on Monday." 

For those who have active positions, they are advised to hold on to cash positions and not panic sell them. "If you have a position, don't act in panic and sell, try holding on. If you don't have a leverage position, and it is a cash position try holding on to it."

However, Shah advised traders to exit their positions in any positive opening on Monday. "Any positive opening on Monday, would be an opportunity to sell," he said. 

He expects lower levels for the market in the coming days and stated that the situation is not looking positive for the market. 

"One should be cumulative, should not go all out and buy as there is deep cut in the market," advised Neeraj Dewan, Independent Market Experts.

He added that investors should be on watch until they "good valuations" or "good stock prices". 

    MSCI Adjustments

    The MSCI February 2026 index review, effective at the close of trading today, involves major rebalancing, resulting in a estimated net outflow of approximately $260 million.

    Global index provider MSCI has announced the results of its February 2026 quarterly review, adding Aditya Birla Capital Ltd. and L&T Finance Ltd. to the MSCI Global Standard Index, while IRCTC Ltd. will be the only stock to exit the benchmark.

    MSCI also confirmed that the weightage of AU Small Finance Bank Ltd. will increase following a float adjustment, a move that typically triggers passive inflows as index‑tracking funds rebalance their portfolios. 

    Nifty Highlights

    • Nifty logged a second week of decline
    • Nifty over 1% lower for the week
    • Nifty extended decline to third month
    • Infosys, Tech Mahindra HCLTech worst performers for the month
    • Power Grip, Apollo Hospitals, SBI top gainers for the month

    ALSO READ: Nifty Breaches 25,200, Bears Tighten Hold — Three Reasons Why Markets Are Crashing Today

    Disclaimer: The views and opinions expressed by the investment advisers on NDTV Profit are of their own and not of NDTV Profit. NDTV Profit advises users to consult with their own financial or investment adviser before taking any investment decision.

    Essential Business Intelligence, Continuous LIVE TV, Sharp Market Insights, Practical Personal Finance Advice and Latest Stories — On NDTV Profit.

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