Sensex crashed by 448.86 pts during week

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Mumbai, December 24
The benchmark index of the Bombay Stock Exchange (BSE) crashed by 448.86 points or 1.69 percent to settle at 26,040.70 in the week under review amid negative trend in global markets.
Equity markets across the globe lacked a concrete direction in the week gone by, ahead of Christmas holiday mood, and in the absence of any major cues.
The Sensex managed to settle a tad above the psychological 26,000 level. The Nifty, however, failed to hold to its key level of 8,000 and closed a tad below that level.
The Nifty fell by 153.70 points or 1.88 pc to settle at 7,985.75. BSE Mid-Cap index tumbled 3.88 percent and the BSE Small-Cap index shed 2.61 percent. The decline in both these indices was sharper than the Sensex’s decline in percentage terms.
Key benchmark indices settled with modest losses in a lacklustre trading session on Monday as the Sensex lost 114.86 points to settle at 26,374.70. Key benchmark indices registered yet another session of losses on Tuesday continuing with their recent trend. The Sensex lost 66.72 points to settle at 26,307.98. Key benchmark equity indices ended the choppy trading session with small losses on Wednesday as the Sensex lost 65.60 points to settle at 26,242.38.
Gravity gripped domestic bourses for the seventh straight trading day on Thursday as subdued global stocks marred investors’ sentiment. The Sensex dropped 262.78 points at 25,979.60.
Trading for the week ended on a positive note on Friday, as key benchmark indices snapped a seven-day
losing streak and settled with small gains after what was a volatile session of trade. The Sensex rose 61.10 points to settle at 26,040.70.

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