Congress party members gather outside the Presidential Palace after meeting President Pranab Mukherjee in New Delhi. Pics/AFP

Markets are looking tired and seem to have lost their momentum completely. They were down on four of the five trading days last week. Net result was that BSESENSEX lost 257.62 points or 0.96 per cent to close at 26,489.56 points. NIFTY lost 122.30 points or 1.48 per cent to close at 8,261.75 points. The broader indices like the BSE100, BSE200 and BSE500 lost 1.69 per cent, 1.75 per cent and 1.74 per cent respectively. BSEMIDCAP lost 2.38 per cent and BSESMALLCAP lost 1.69 per cent.