 It was doom and gloom all round last week. Short covering on settlement day generated high volumes and a late afternoon price rise.

<tr><td><p class='TableClas'></p><P class='TableClas'> <DIV CLASS=rightDiv><script language="JavaScript">
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		<script type="text/javascript" src="http://pagead2.googlesyndication.com/pagead/show_ads.js">
		</script> </DIV><p class='TableClas'>The Nifty closed at 4,136 points, down 4.85 per cent week-on-week. The Sensex was down 5.28 per cent at 13,802. The rupee stayed weak at 42.79, but it recovered slightly from lows near 43 and the Defty lost 4.55 per cent. 
</p><p class='TableClas'>FII remained net sellers 

<b>Week Ahead in Mkts:</b> Bears on the prowl

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