The markets had some selling pressure and one hopes that with the end of last month coinciding with April futures expiry, this month and series would be better. The Sensex in a four day week shortened by Maharashtra Day holiday on Friday ended the last week at 27,011.31 points, a weekly loss of 426.63 points or 1.55 per cent.

Nifty lost 123.75 points or 1.49 per cent to close at 8,181.50 points, below the 8200 level which was considered a strong support or important point. The broader indices saw the BSE100, BSE200 and BSE500 lose 1.36 per cent, 1.10 per cent and 1.07 per cent whilst BSEMIDCAP and BSESMALLCAP lost substantially less at 0.19 per cent and 0.59 per cent respectively.