The previous week remain a technically damaging one as the NIFTY violated a few important supports while closing on a negative note. The volatility too increased; this was though on the expected lines. The past five days also saw the global markets dealing with the collapse of SVB; the negative sentiment was seen across the globe in the equity markets. The trading range too remained wide; the NIFTY oscillated in a range of 679.75 points. In the end, despite the recovery seen on the last trading day, the headline index closed with a net loss of 312.85 points (1.80%) on a weekly basis.
