Indian equity market ended on a negative bias, the benchmark broad based Index Nifty ended the week at 9955.20 with a huge loss by 9.41% i.e. 1034.25 points and BSE Sensex closed the week with a loss by 9.24% i.e. 3473.14 points at 34103.48. 

Nifty Index opened the week with a gap down near 10750 and made a weekly high at 10751.55 thereafter, unable to move above 10750, continued the sell everyday, on the weekly closing day i.e Friday, it witnessed a lower freeze by -10%, the trading was suspended by 45 minutes thereafter, on the re-open, a smart recovery seen and erased the all the intraday losses, but still the Index closed at 9955.20 with huge weekly loss.

Nifty Bank Index also opened the week at 27031.45 and made a high 27091.60 then, the weakness dragged down till 21351.60 on Firday and witnessed a lower freeze and closed with huge weekly loss by 9.48% i.e 2635 points at 25166.45.

The Indices were closed with a huge weekly loss are Nifty IT, lost -13.56%, Nifty Metal lost -12.85%, Nifty Realty by -12.57%, Nifty PSU by -12.34%, Nifty Auto lost -10.34% and Nifty FMCG lost -9.43%. None of the sector indices were closed with positive.