Finance Minister Arun Jaitley with Securities and Exchange Board of India (SEBI) chairman Ajay Tyagi after their meeting in New Delhi over the weekend. Pic/PTI

Markets were under severe pressure and were extremely volatile as well. They lost ground on four of the five trading days. The BSESENSEX lost 1,060.99 points or 3.12 per cent to close at 34,005.76 points. NIFTY lost 305.65 points or 2.92 per cent to close at 10,454.95 points. The broader indices saw the BSE100, BSE200 and BSE500 lose 2.43 per cent, 2.04 per cent and 1.61 per cent respectively. BSEMIDCAP and BSESMALLCAP gained 0.36 per cent and 1.79 per cent.