NIFTY last week saw a weak closing; it was down around 1.2 per cent. The Midcap and small cap indexes were also down around 0.3 per cent and 1.2 per cent respectively. The large cap gainers for the week were Axis Bank and Coal India which were up around 9 per cent and 5 per cent respectively. The losers were Bharti Airtel and L&T, down around 8.7 per cent and 4.7 per cent respectively.

Traders work at New York Stock Exchange after the Federal Reserve said that it will keep interest rates near zero. Pic/Getty Images/AFP