Stock Markets Update: BSE records huge gains

US Fed looking to go mild on increasing interest rates have helped Stock Markets worldwide and India to perform better. BSE gained 762.10 points to close at 62,272.68 and Nifty gained 216.85 points to close at 18,484.10 mark.

Indian Stock Markets recover
Indian Stock Markets recover

Stock Markets on 24th November recovered in a record way and traded in positive the whole day. International Stock Markets like USA and Asia-Pacific Markets have gained hugely. Majorly, Oil rate coming down to 85 US Dollars and US Fed looking to go mild on increasing interest rates have helped Stock Markets worldwide and India to perform better. BSE gained 762.10 points to close at 62,272.68 and Nifty gained 216.85 points to close at 18,484.10 mark.

BSE Sensex of Stock Markets started trading at 61,656.00 mark and then continued to trade between 61,600.42 to 62,412.33 range. Finally, BSE ended the trading session at 62,272.68 by gaining 762.10 points. Nifty Sensex of Stock Markets started trading at 18,326.10 mark and it hit highest for the day at 18,529.70. It hit the lowest at 18,294.25 at the start of the session and went on to move flatly till closing and ended at 18,484.10 by gaining 216.85 points, with a surge.

Indian Rupee traded at Rs.81.60 against US Dollar on Thursday. This is one of the best days for trading at the Stock Markets as almost every stock gained in value with the positive signs around the world. Mainly, US is giving signs of recovery from recession while lay-offs have been huge in major MNCs, as part of cost-cutting activities. Hope the positive vibes continue further and further.

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