US Federal Reserve · Closing edition · Wednesday 21 October 2026
US Federal Reserve: IT rose 2.9% as the Nifty fell 0.3%
2 reports since yesterday, led by Business Standard: “Gold may test 4,000-mark if oil extends rally; US Fed moves eyed: Kotak Neo”
What happened
The Nifty 50 fell 0.34% to close at 22,811.35, and India VIX ended at 15.70. Among the sectors this touches, IT moved most, +2.88%.
Who it moved
- IT
- +2.88% today
Nifty 50 22,811.35 (−0.34%), India VIX 15.70, as of 21 Oct, 15:45 IST.
How we scored it
MethodWhat followed similar days
We found 868 past sessions when the Nifty moved down by a similar amount since 25 October 2016. Five sessions later the Nifty was higher 56% of the time. The median move was +0.3% after five sessions and −0.03% the next day.
Higher by more than 1%
35% of similar days
A quarter of these sessions gained +1.5% or more five sessions later.
Within 1% either way
38% of similar days
The median move five sessions later was +0.3%.
Lower by more than 1%
27% of similar days
A quarter of these sessions fell −1.1% or worse five sessions later.
What happened after similar days in the past, five sessions on. This is history, not a forecast or a target. Daily closes: Yahoo Finance.
Our take
We score this a significant event, 61 out of 100. Across 868 past sessions when the Nifty moved down by a similar amount since 2016, the Nifty was higher five sessions later 56% of the time, with a median move of +0.3%. The record leans positive, but a quarter of those sessions still saw −1.1% or worse. This describes what has happened before; it is not a forecast or a recommendation.
Reports we counted
Written automatically from public data using fixed rules; no person picks the event or edits the numbers. This is market information, not investment advice or a recommendation to buy or sell any security. Past patterns do not guarantee future results. See the disclaimer.