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Wait 'n' see for the Rupee

Choppy times define future direction of markets

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The market fell for the first four trading days of last week and there was a mild recovery on last Friday, which just about managed to break the trend. Whether this week would see further recovery or a fall happening again is not apparent as yet. The BSE SENSEX lost 581.79 points or 2.87 per cent to close at 19,704.33 points.

The NSE NIFTY lost 203.75 points or 3.29 per cent to close at 5,983.55 points. The broader indices lost similar with the BSE100, BSE200 and BSE500 losing 3.17 per cent, 3.24 per cent and 3.20 per cent respectively. The BSE MIDCAP lost 3.43 per cent while the BSE SMALLCAP lost 3.33 per cent.

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