Here's the simplest explanation to what's been happening at the Markets todaty

Both the Nifty and the Sensex are under intense selling pressure owing to substantial negative sentiment in the Asian markets. Here is a snapshot of what is happening in the futures and options market on Tuesday.


MAJOR INDICES
Nifty dropped 136 points to 7,834 points
Bank Nifty crashed 586 points to 16,622 points
Sensex plunged 443 points to 25,840 points

TOP PRICE GAINERS
United Breweries
United Phosphorous
Shriram Transport Finance
TCS

TOP PRICE LOSERS
Amtek Auto
IDBI
JP Associates
Karnataka Bank

TOP OI GAINERS
Indian Overseas Bank
United Breweries
Apollo Tyres
Amara Raja Batteries

TOP OI LOSERS
MindTree
Amtek Auto
Wockhardt Pharma
Infosys

TOP TRADED FUTURES
State Bank of India
Reliance industries
ICICI Bank


TOP TRADED CALLS
SBI 250 Sept
Larsen & Toubro 1700 Sept
Axis Bank 500 Sept

TOP TRADED PUTS
SBI 240 Sept
Reliance 840 Sept
SBI 230 Sept

Image credit: Indiatimes