Stock Markets Update: BSE drops on Wednesday

Asian and International Stock Markets too traded in negative zone and their effect could be seen on Indian Markets too. BSE lost 215.26 points to close at 60,906.09 and Nifty lost 62.55 points to close at 18,082.85 mark.

Stock Market Updates report losses on 2nd November
Stock Market Updates report losses on 2nd November

Stock Markets on 2nd November started on a low note and continued to perform throughout the session. Asian and International Stock Markets too traded in negative zone and their effect could be seen on Indian Markets too. BSE lost 215.26 points to close at 60,906.09 and Nifty lost 62.55 points to close at 18,082.85 mark.

BSE Sensex of Stock Markets started trading at 61,156.89 mark and then continued to trade between 60,794.39 to 61,209.65 range. Finally, BSE ended the trading session at 60,906.09 by losing 215.26 points. Nifty Sensex of Stock Markets started trading at 18,177.90 mark and hit lowest at 18,048.65. The trading has been consistently trending low throughout the day and Nifty hit highest at 18,178.75 during the starting hours and it kept trading low till the end of the session and ended at 18,082.85 with 62.55 points loss.

Indian Rupee traded at Rs.82.74 against US Dollar. ITC, Tech Mahindra, Reliance, Bajaj Finserv, Wipro, Sun Pharma, Dr. Reddy’s have gained on the day while Maruthi, ICICI Bank, Axis Bank, Infosys, HUL, Titan HCL Tech, Asian Paints, IndusInd Bank, Bharati Airtel, Nestle India have lost heavily. Indian Stock Markets faced losses after continuous gains over the past four sessions. US Fed rates and International Stock Markets trading will be crucial for BSE, NSE to perform better in coming days.

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