In the week gone by, markets remained weak due to weak cues from global markets and domestic political worries. Nifty closed down around 4 per cent. The entire sectors closed in red with Realty and Power sectors as the major losers; they closed down around 13.3 per cent and 7.5 per cent respectively.

Cypriots protest outside the parliament building in the capital Nicosia on March 22, 2013, as the island’s two biggest lenders urged lawmakers to adopt a tax on bank deposits. Cyprus has to raise 5.8 billion euros to get a bailout of 10 billion euros. Pic/AFP