Stock Markets Update: Huge Positive Gains on Monday

BSE gained 786.74 points to close at 60,746.59 and Nifty gained 225.40 points to close at 18,012.20 mark.

Stock Market Updates BSE 60k mark
Stock Market Updates BSE 60k mark

Stock Markets on 31st October started on a positive note and continued to gain through the day. International Stock Markets had a positive effect and even IT, Auto shares helped BSE to run ragged. US Federal Bank might not increase repo rates aggressively as Inflation reduced and Growth rate increased, this factor helped Indian markets to sustain well. Markets maintained huge momentum to mark super positive gains all day. BSE gained 786.74 points to close at 60,746.59 and Nifty gained 225.40 points to close at 18,012.20 mark.

BSE Sensex of Stock Markets started trading at 60,246.96 mark and then continued to trade between 60,246.96 to 60,786.70 range. Finally, BSE ended the trading session at 60,746.59 by gaining 786.74 points. Nifty Sensex of Stock Markets started trading at 17,910.20 mark and lowest at 17,899.90. Since, then the trading has been super positive and it hit highest at 18,622.80 dipped a bit towards the end of the session and ended at 18,012.20 with 225.40 points gain.

Indian Rupee traded at Rs.82.76 against US Dollar. Ultra Tech Cements, L&T, Tata Steel, HDFC, Infosys, Sun Pharma, , Kotak Mahindra Bank, M&M, Axis Bank, Bharati Airtel, Kotak Mahindra Bank, Powergrid, Bajaj Finance, Bajaj Finserv, Asian Paints, ICICI Bank, Nestle India, Tech Mahindra, Wipro have gained immensely while IndusInd Bank, Dr. Reddy’s, NTPC have lost heavily. Indian Stock Markets showed positive signs post Diwali holidays and they seem to have started well again.

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