Since Covid-19 lows, the average intermediate corrections have been to the tune of 8-10%. With an 8% correction already in place amid oversold conditions, coupled with the outperformance of Bank Nifty.
In the Nifty500 pack, eight stocks’ closing prices crossed above their 200-day moving averages (DMA) on September 29, 2026, according to StockEdge’s technical scan data.
Brent crude futures rose $1.14, or 1.11%, to $103.73, while US West Texas Intermediate crude gained 15 cents, or 0.30%, to $89.50 a barrel. Brent
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