On April 10th, the Nifty GEX Gamma Exposure, also known as NiGex, closed with a bang at 19L, soaring high above its April 6th value of 12L. However, let's not forget that NiGex is merely a gauge of liquidity and volatility, and investors shouldn't rely solely on it to make investment decisions.
Although NiGex's surge was impressive, the Nifty only experienced a meager 0.1% growth on April 6th, indicating a favorable but not overly enthusiastic market trend. In our previous post, we highlighted NiGex's wild fluctuations over the past 200 days, with an average value of 20K and a median value of 844K. The value range has been expansive, spanning from a low of -116L to a high of 50L. These ups and downs underscore the need for comprehensive research and caution before investing in NiGex.
To learn more about Gamma Exposure and NiGex, refer to the article on What is GEX (Gamma Exposure)? To know more about VIX, visit the NSE page at VIX
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