Stock Markets once again lost highly on Friday. Traders have once again did not show much confidence in Indian companies. RBI decisions have taken them by surprise and sent into a panic. International Stock Markets did not help traders in investing as well. They have recorded losses as well. Stock Markets traded in red all-through the day. BSE lost 365.53 points to close at 65,322.65 and Nifty lost 114.80 points to close at 19,428.30 mark.
BSE Sensex of Stock Markets started trading at 65,727.80 mark and then continued to trade between 65,727.80 to 65,274.61 range. Traders continue to trade in red from start to finish. BSE ended the trading session at 65,322.65 by losing 365.53 points. Nifty Sensex of Stock Markets started trading at 19,554.25 mark and it hit highest for the day at 19,557.75. Nifty50 hit the lowest at 19,412.75. Index kept trading in red and low all the session. Nifty50 ended by losing 114.80 points on 19,428.30.
Indian Rupee traded at Rs.82.80 against US Dollar on Friday. IndusInd Bank, NTPC, Sun Pharma, Asian Paints, Hindustan Unilever stocks have lost heavily in Stock Markets. Indices have seen Pharma, FMCG Bank, Auto, Metal, Oil and Gas sectors have lost heavily. Stock Markets have seen heavy losses twice in this week. They have ended sessions before Independence Day weekend with losses. We have to wait and see, how it will go from next week.
Stock Markets Update: Indices lose highly due to RBI MPC