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Charts & Analysis

Indian Market Snapshot: 29 Jul 2011


The Nifty lost big-time in the last two days. The Justice Hedge report in Karnataka took Adani group stocks down as much as 20%, with even the distant Mundra port stock hurting 10%. Volumes were large for a Friday after expiry, at 12,000+ crores. While FIIs sold 400 cr. worth stock, DIIs bought; the VIX went up and took option prices up in anticipation of a move with the US debt ceiling decision this weekend.

Nifty Snapshot

(Thanks to for the idea)


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