The markets closed last week on a disastrous note. The Sensex nosedived close to 500 points while the Nifty ended at 5,904. For the week, the key indices closed down 4%.
The fall was always on the cards with spiraling inflation and high crude oil prices, says Ajay Srivastava, CEO of Dimensions Consulting.Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!