Markets under pressure, to trade with negative bias

The Indian Rupee lost 8 paisa or 0.10 per cent to close at Rs 82.04 to the US Dollar

The week gone by had 'Holi' celebrations but on different days in Maharashtra and the rest of the country. While Mumbai, Maharashtra and the stock markets celebrated on Tuesday, the rest of India did so on Wednesday. Markets gained at the open of the week and then lost, with two days of gains and two days of losses. The falls were much bigger, hence the week ended with losses. BSE SENSEX lost 673.84 points or 1.13 per cent to close at 59,135.13 points while NIFTY lost 181.45 points or 1.03 per cent to close at 17,412.90 points. The broader markets saw BSE100, BSE200 and BSE500 lose 0.92 per cent, 0.69 per cent and 0.61 per cent respectively. BSEMIDCAP and BSESMALLCAP were against the trend and gained 0.09 per cent and 0.38 per cent respectively.

The Indian Rupee lost 8 paisa or 0.10 per cent to close at Rs 82.04 to the US Dollar. Dow Jones after having gained for four consecutive sessions, lost for four consecutive sessions. The first day of the week saw gains and then it lost on the remaining four days. Dow Jones was down 1,481.33 points or 4.44 per cent to close at 31,909.64 points.