# Sensex Weekly Expiry Prediction: Bulls vs Crude Shock

> Can Sensex rebound despite crude oil surge? Traders watch key levels as expiry approaches.
- Title: Sensex Weekly Expiry Prediction: Bulls vs Crude Shock · mint
- Summary: Can Sensex rebound despite crude oil surge? Traders watch key levels as expiry approaches. Sensex may stay range-bound between 73,200, 73,500 support and…
- Keywords: sensex, crude oil, brent crude, nifty 50, sensex weekly expiry, traders, crude oil shock, stock market, indian stock market, oil prices, market volatility, news
- Source: mint — https://livemint.com/market/stock-market-news/sensex-weekly-expiry-today-prediction-can-bulls-stage-comeback-despite-crude-oil-shock-key-levels-traders-should-watch-11792641111907.html
- Author: Pranati Deva
- Published: 2026-10-22T04:16:15+00:00
- Read time: 1 min
- Topics: sensex, crude oil, brent crude, nifty 50, sensex weekly expiry, traders, crude oil shock, stock market, indian stock market, oil prices, market volatility, news
## Sensex and Nifty Open Lower
The Sensex and Nifty 50 opened lower on Thursday, October 22, extending their losing streak to a third consecutive session.
## Crude Oil Prices Surge
Brent crude futures rose 1.6% to $110.6 per barrel after attacks by Yemen's Houthis in Saudi Arabia prompted the US to order some diplomats and their families to leave its missions in the kingdom.
## Crude Oil Surge This Year
Brent crude has surged more than 80% this year amid disruptions to persian gulf oil flows caused by the us-iran war.
## Impact on India
Higher crude prices pose a significant risk to India, one of the world's largest oil importers, by potentially increasing inflationary pressures and corporate costs.
## Asian Equities Weaken
Asian equities also weakened as mixed earnings from major us technology companies renewed concerns about the sustainability of artificial intelligence-related investments.
## Sensex Weekly Expiry
Sensex weekly expiry is the day when weekly sensex derivatives contracts, such as futures and options, expire and are settled.
## V K Vijayakumar's View
Strong external headwinds in the form of elevated crude prices and high us bond yields are emboldening bears to build short positions in the market.
## Key Support Levels
The sensex's immediate direction will depend on whether buyers can defend the 73,200, 73,500 support zone or whether continued selling pushes the index towards lower levels.
## Shrikant Chouhan's Prediction
For day traders, the 20-day sma, along with 73700 and 73500, would act as key support zones. If the market sustains above these levels, it could move towards 74000-74500.
## Key takeaway

Sensex may stay range-bound between 73,200, 73,500 support and 74,300, 74,500 resistance amid crude oil price spikes.