Aggregate volume growth of major ports was just around 6% y-o-y, despite a weak base.
Martin Pring, president of pring.com expects the Nifty to go to 4,300 levels and possibly much lower than that. Looking at the relative strength chart, he told CNBC-TV18 that the US relative to the rest of the world is rising, which means that the rest of the world has been slipping much faster.