Indian Stock Markets haven’t been able to find a rhythm this month. If Stock Markets are going through losses one day or continuously for a week, then they are suddenly recovering. It has become highly difficult to predict the path of the Stock Markets and the affect of International Stock Markets has been huge. lately.
On 13th October, BSE Sensex of Stock Markets, opened lower than previous closing at 57,512.74 and then slipped even further to 57,055.75. Slowly, it recovered and ended the session at 57,235.33 with 390.58 points loss. NIFTY Sensex of Stock Markets opened similar to BSE and looked like ending below 17,000 mark. It started the trading session at 17,087.35 and fell to 16,956.95, lowest level for the day. Nifty ended the day at 17,014.35 mark with 109.25 points loss.
Asian and US Stock Markets haven’t been showing any sign of recovery and this might be effecting Indian Stock Markets for days to come. HCL Tech, Sun Pharma, Dr. Reddy’s, Reliance, Ultra Tech Cements, Nestle India, M&M, TCS shares gained in stock value.
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