The Nifty50 closed 346 points lower at 17,530. On a weekly basis, the index corrected 1.7 per cent. It formed a bearish engulfing candle after two consecutive bullish candles, which suggests that the momentum could take a breather.
Concurrent Gainers: 11 smallcap stocks that gained for 5 days in a row
Over the five trading sessions leading up to April 4, the Sensex dropped by around 2.89%, or 2,242 points, ending at 75,365. The market closed