Stock Markets have been able to regain lost ground on Thursday. Traders have gone for huge profit making through the session. International Stock Markets ending up with huge profits helped Indian Markets to start high. As the session progressed, traders looked to sell-off as the futures and options start to expire. Stock Markets at one time lost more than 900 points in BSE and considerable in NSE. Finally, BSE lost 440.38 points to close at 66,266.82 and Nifty lost 118.40 points to close at 19,659.90 mark.
BSE Sensex of Stock Markets started trading at 66,834.12 mark and then continued to trade between 66,060.74 to 66,984.17 range. At the highest, the index touched another lifetime high. Then it slipped down and BSE ended the trading session at 66,266.82 by losing 440.38 points. Nifty Sensex of Stock Markets started trading at 19,850.90 mark and it hit highest for the day at 19,867.55. Nifty50 hit the lowest at 19,603.55. Index started on a high and then continued to lose throughout the session. Nifty50 ended by losing 118.40 points on 19,659.90.
Indian Rupee traded at Rs.81.94 against US Dollar on Thursday. US Fed has increased Interest Rates to 0.25% and stated that this could be the last. Tech Mahindra, Mahindra & Mahindra, Nestle India, Bajaj Finance, ITC stocks lost in Stock Markets. Traders might get back to investing as Q1 results of major companies are coming out. Stock Markets have always been volatile and there is no need to panic. But experts feel the volatility has been too high and stability might take time. Traders can assume caution for time being.
Sai Dharam Tej asks fans to be responsible and safe!