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Confused at the Close

The markets demonstrated an undulating pattern throughout last week

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The week gone by saw the markets falling and rising on alternate days. Markets fell on Monday, Wednesday and Friday while they rose on Tuesday and Thursday. The markets closed weak and confused with the BSE SENSEX losing 263.28 points or 1.39 per cent to close at 18,675.18 points. The NSE NIFTY lost 70.90 points or 1.23 per cent to close at 5,676.05 points. The broader indices like the BSE500, BSE200 and BSE100 lost less at 0.90 per cent, 0.95 per cent and 1.11 per cent respectively. The BSE MIDCAP was almost neutral losing a mere 0.03 per cent while the BSE SMALLCAP lost 0.50 per cent.

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