Stock Markets lost hugely in the last hour on Thursday. Chandrayaan-3 victory boosted sentiment in Markets. International Stock Markets have also ended on positive note and this helped Traders. They have started the markets on a high. But as the session progressed selling pressure from traders has also increased. Stock Markets lost intra-day profits and ended with losses. BSE lost 180.96 points to close at 65,252.34 and Nifty lost 57.30 points to close at 19,386.70 mark.
BSE Sensex of Stock Markets started trading at 65,722.51 mark and then continued to trade between 65,181.94 to 65,913.77 range. Index started high and kept rising till last one hour. The selling pressure as force index to lose 700 points at a time. BSE ended the trading session at 65,252.34 by losing 180.96 points. Nifty Sensex of Stock Markets started trading at 19,535.15 mark and it hit highest for the day at 19,584.45. Nifty50 hit the lowest at 19,369.00. Index started high but from mid-session fell due to selling pressure. Nifty50 ended by losing 57.30 points on 19,386.70.
Indian Rupee traded at Rs.82.55 against US Dollar on Thursday. RBI minutes about inflation index has resulted in panic among traders. Stock Markets suffered heavily in the last hour as traders have grown more circumspect in the day. Reliance Industries, Powergrid Corporation, JSW Steel, L & T, HCL Technology shares have faced huge losses. Stock Markets have once again proved that the things can change at any moment. It is important to tread carefully at this time.
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