There is volatility in the market because of all the additional margins or the physical settlement, the market is still holding on the position intact and rolling on into the next series, Yogesh Radke, head of Quantitative Research at Edelweiss Securities said.

“There are couple of stocks which are holding on the Nifty at a higher level but if you see in the broader market, midcaps have been heavily hammered down. Maybe some more pain into these counters could be seen but after a couple of days, we will start slight amount of bounce back in these midcaps and smallcaps,” he added.