The market fell for a second consecutive week with the Nifty ending below 8,600 points. Pharma stocks declined due to profit-taking, with Aurobindo Pharma dipping 5%. Banking stocks also declined with Uco Bank, Dena Bank, and IOB hitting 52-week lows. TechM continued falling after turning ex-stock split and ex-bonus. The report provides analysis of key index levels and support/resistance points, noting that if Nifty remains above 8,650 it may gain strength, but a close below 8,500 could signal further declines. It also lists top weekly gainers and losers, and provides calls and comments on specific stocks.