Daily recapNIFTY 50

NIFTY 50 analysis, 23 Sep 2026

Close

23,446.8

+0.5% (+117.8)

Day range

23,350 – 23,467

5 sessions +0.99%

RSI (14)

40.1

20 EMA 23,609

Put-call ratio

1.03

previous 0.89

Max pain

23,500

expiry 29 Sep 2026

India VIX

10.36

6 days to expiry

The session in brief

Neutral

Next session: Range 23,400 to 23,489; a close outside it sets the next leg.

NIFTY 50 closed at 23,446.8 on 23 Sep 2026, up 0.5% (+117.8), in a 23,349.55 to 23,466.9 range. Over five sessions it is +0.99%. It closed below its 20-day EMA and 50-day SMA, RSI(14) 40.1. Options: put-call ratio 1.03 (previous session 0.89), max pain 23,500, largest call OI at 24,000, largest put OI at 23,400 for the 29 Sep 2026 expiry. Through the day call OI changed by 341.4 lakh and put OI by 536.4 lakh. India VIX 10.36. Levels the data marks for the next session: above the close 23,489 (5-session high), 23,500 (max pain); below it 23,400 (largest put OI), 23,194 (5-session low).

Levels the data marks

Nearest references above and below the close

Above the close

  • 23,4895-session high
  • 23,500max pain

Below the close

  • 23,400largest put OI
  • 23,1945-session low

Option positioning

29 Sep 2026 expiry, end of day

Largest call OI (above spot)
24,000
Largest put OI (below spot)
23,400
Call OI change today
+341.4 lakh
Put OI change today
+536.4 lakh

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Levels are reference points drawn from price and open interest data; they describe the data, not what to do. IndexGPT provides market analysis only. It is not investment advice. Terms