Holi holiday likely to break momentum in markets

The week went by and saw markets lose on the first two days and then it witnessed extreme volatility with markets gaining 0.8 per cent, losing almost all of it on Thursday and then gaining a massive 1.5 per cent on Friday.

The week which saw markets gain on three of the five trading sessions ended with gains across the broad market. BSESENSEX gained 345.04 points or 0.58 per cent to close at 59,808.97 points while NIFTY gained 128.55 points or 0.74 per cent to close at 17,594.35 points. The broader markets saw BSE100, BSE200 and BSE 500 gain 0.80 per cent, 0.98 per cent and 0.98 per cent respectively. BSEMIDCAP was the outperformer gaining 1.73 per cent while BSESMALLCAP gained 0.95 per cent.

The Indian Rupee gained 79 paisa or 0.95 per cent to close at Rs 81.96 to the US Dollar. Dow Jones lost on just one of the five trading sessions and gained on four sessions. Three of these sessions were continuous as the week closed on a positive note. Dow Jones gained 574.05 points or 1.75 per cent to close at 33,390.97 points.