Stock Markets continued to lose on Monday like Friday. Traders have been circumspect on Monday. International Stock Markets did not lend to the Traders having second thoughts to invest. International Banks are going to meet this weekend and traders are waiting for them to announce their decisions. Stock Markets have suffered losses again to start the last week of July. BSE lost 299.48 points to close at 66,384.78 and Nifty lost 72.65 points to close at 19,672.35 mark.
BSE Sensex of Stock Markets started trading at 66,629.14 mark and then continued to trade between 66,326.25 to 66,808.56 range. BSE ended the trading session at 66,384.78 by losing 299.48 points. Nifty Sensex of Stock Markets started trading at 19,748.45 mark and it hit highest for the day at 19,782.75. Nifty50 hit the lowest at 19,658.30. It ended by losing 72.65 points on 19,672.35.
Indian Rupee traded at Rs.81.82 against US Dollar on Monday. Stock Markets have faced losses due to ITC, Reliance and Bank shares. ITC have divided their hospitality wing into ITC Hotels, dividing from other sectors. This move has resulted in them losing their stock value. Stock Markets saw ITC, Kotak Mahindra Bank, Tech Mahindra, Reliance, JSW Steel shares have lost heavy. Traders might continue to be circumspect entire week.
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