Infographic: FY16 a scary fiscal year with a happy ending

Moneycontrol BureauGlobal equity markets underwent a correction last fiscal and Indian stocks weren't in the swing of things either. Through the year, the Nifty tested 6,800 and witnessed its biggest weekly fall since 2009. 

Shares were dragged down by global as well as local concerns, such as gyrations in the Chinese yuan and taxation concerns in the build-up to the Budget.But despite the rampage caused by bears, the market did recover in the last month of fiscal year 2016.The infographic below captures some of the key market and stock movements that were seen during FY16.(Copy filed by Sidhartha Shukla, infograph prepared by Ritesh Presswala)