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Hold on to your seats

Expect super volatility for a while but don’t press any panic buttons

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Markets fell on three of the five trading days last week. They were under pressure. While the low made on February 12, is still some distance away, it continues to be under threat. The BSESENSEX lost 554.85 points or 2.34 per cent to end at 23,154.30 points. NIFTY lost 181 points or 2.51 per cent to end at 7,029.75 points. The broader indices saw the BSE100, BSE200 and BSE500 lose 2.40 per cent, 2.44 per cent and 2.50 per cent respectively. BSEMIDCAP lost 2.35 per cent while BSESMALLCAP lost 3.25 per cent.

Union Finance Minister Arun Jaitley poses for a photo with Chartered Accountants visiting Parliament in New Delhi on Friday. PIC/PTI
Union Finance Minister Arun Jaitley poses for a photo with Chartered Accountants visiting Parliament in New Delhi on Friday. PIC/PTI

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