Negativity prevailed across all sectors during the week with both benchmark indices and all sectoral indices closing with significant losses

Metal, oil & gas and banking were the biggest losers and power and IT, too, contributed in the negativity. The Sensex was down 4% while the Nifty also lost 4% during the week. The BSE Smallcap lost 2% and the Bank Nifty closed with 4.5% loss. The BSE OilGas lost 5%, BSE Metal lost 5.5% while the BSE Powerclosed with 4% loss over the week. The top Nifty losers during the week were Sterlite Industries, Hero MotoCorp, SAIL, RIL and ICICI Bank.