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The Money Brief Β· Closing bell story
Two days. 1,947 Sensex points. What happened?
From 72,782 on Wednesday to 74,729 on Friday. Climb the comeback ladder, then build a VWAP to see why SEBI changed its mind.
Closing figures, Fri 16 Oct 2026. The two-day change is my arithmetic from the Wednesday and Friday closes.
Overheard in the group chat
Tisha is panicking. Dhvani is calm.
Guess first
Guess the comeback
The Sensex closed at 72,781.89 on Wednesday. How many points had it gained by Friday's close?
The comeback ladder
Two chapters. Tap a step.
Bar heights start at 72,000 to show the steps clearly.
Chapter 2, up close
Friday: who led, who lagged?
Tap a card to flip it.
Led
π’ IT stocks
Tap to flip
Also up
π’ Metal & auto
Tap to flip
Lagged
π΄ FMCG, pharma, realty
Tap to flip
The trader twist
SEBI kept the 30-minute VWAP. Build one.
VWAP is the volume-weighted average price. Move the last trade of the final 30 minutes and compare it with the last price.
Made-up trades for illustration. Five earlier trades are fixed; you control the sixth.
What SEBI decided on 15 Oct
- A closing auction session runs 3:30 to 3:40 PM from 7 December 2026.
- Expiry-day settlement of index and stock derivatives keeps the 30-minute VWAP.
- Rules for unexecuted limit and iceberg orders follow on 8 February 2027.
After about 20,000 responses, SEBI kept the 30-minute VWAP for derivatives settlement. Reports say traders favoured it as familiar and transparent.
Quick check
1. How much did the Sensex gain from Wednesday's close to Friday's?
2. Which sector led on Friday?
3. What does VWAP stand for?
Want to decode days like this yourself?
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Forward it to your group chat.
π» IT index up about 4% today; a global AI sell-off helped on Thursday.
βοΈ SEBI kept the 30-minute VWAP for expiry-day settlement (from 7 Dec).
ποΈ Where this came from
Fri 16 Oct 2026. Index figures are closing figures. The two-day change and the VWAP builder maths are my own arithmetic; the builder uses made-up trades and is illustrative. SEBI details are as reported on 15β16 Oct.
Educational content only. Not investment advice.
π A little gift
Every one of these blogs is a gift from our founder, Purvang Gandhi.
Two days. 1,947 Sensex points. May your Friday gain a few too. π
Have a nice day, bro!
Launch your Graphy