Markets This Week – Sensex loses 1.51% and Nifty down 1.99%

Profit booking coupled with lower than expected corporate earnings pulled down the Indian stock Markets. International events like war in Yemen and mounting concerns regarding Greece debt also dented market sentiments this week.

This Week ended on 19 April, the BSE 30-Share barometer resumed higher at 28,955.13 points from the weekend’s close of 28,879.39 points and moved in a range of 29,094.61 points and 28,403.76 points before ending at 28,442.10 points, logging a loss of 437.28 points or 1.51 percent. In the previous week, it had shot up by 1,402.74 points or 5.17 per cent.

The NSE Nifty also moved widely between a high of 8,844.80 points and low of 8,596.70 points before settling the week at 8,606 points, exhibiting steep loss of 173.35 points or 1.99 per cent.