Over the five trading sessions ending August 21, the Sensex benchmark declined 0.60%, or 468 points, to close at 77,541. The index ended lower in three of the five sessions between August 17 and August 21. Despite the market weakness, 13 stocks from the BSE SmallCap index recorded gains in all five sessions, cumulatively gaining up to 40% over the last five trading sessions. (Data Source: ACE Equity)
Volatile yen draws intervention watch, other currencies subdued
In response to last week’s notable drop, currency markets have been closely monitoring the yen. Reports suggest that Japanese officials are conducting rate checks, hinting