Being the settlement day for January series and having nearly 500 points downward swing during the month, today(28-1-10) Nifty was highly volatile. Nifty high/low and Nifty futures high/low were 4930/4825 and 4935/4823 respectively and are having differences of more than 100 points. After reaching 4930 at 10.38, Nifty declined fast to touch Agni level 4826(12.53) and bounced back to 4880(13.35). Finally Nifty closed the day at 4867 with a gain of 14 points, just above low of Anthara Gandharam (4859). Tomorrow, due to RBI credit policy announcement and is an exceptional Friday, high volatility is expected.
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