The markets had plenty of action and drama last week. We opened strong with a gap-up opening which was under pressure on Monday itself. By the end of Tuesday prior to the mid-week break on account of Ganesh Chaturthi, markets were almost flat after having risen over 250 points on the SENSEX. Thursday was a negative day and on Friday the markets simply went berserk gaining over 400 points on the SENSEX and 137 points on NIFTY. The week ended with the SENSEX gaining 288.56 points or 1.56 per cent and NIFTY gaining 113.50 points or 2.03 peru00a0cent. The broader markets fared better with the BSE100, BSE200 and BSE500 gaining 2.46 per cent, 2.50 per cent and 2.45 per cent respectively. The BSE SMALLCAP gained 2.81 per cent while the BSE MIDCAP gained 3.00 per cent.

Together, we can: Salesmen at a store watch Prime Minister Manmohan Singh address the nation about the necessity of a series of reforms to combat an economic slowdown and restore investor confidence. Pic/afp