Stock Markets started the week flat on Monday. International aspects have made Traders circumspect. International Stock Markets did not give any hope to Indian traders as well. US Fed indicating repo rate increase and Bank of England increasing interest rates have made traders fear. Also, situation in Russia made them highly circumspect. Big Indices of Stock Markets saw mixed results due to these aspects. BSE lost 9.37 points to close at 62,970.00 and Nifty gained 25.70 points to close at 18,691.20 mark.
BSE Sensex of Stock Markets started trading at 62,946.50 mark and then continued to trade between 63,136.09 to 62,853.67 range. Finally, BSE ended the trading session at 62,970.00 by losing 9.37 points. At highest mark, BSE recorded Life-time high. Nifty Sensex of Stock Markets started trading at 18,682.35 mark and it hit highest for the day at 18,722.05. Nifty hit the lowest at 18,646.70. It ended by gaining 25.70 points on 18,691.20.
Indian Rupee traded at Rs.82.04 against US Dollar on Monday. Maruthi Suzuki, Tata Motors, Titan, UltraTech Cement, Bajaj Finance shares have reported gains in Stock Markets. Traders are uncertain about the International situations and aspects. Hence, Stock Markets could continue to see such volatility this week. We have to wait and see how Indian big companies react and earn traders confidence.
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