Stock Markets lost hugely as Traders went for profit making on Friday. Traders have gone for profit making on Friday. Stock Markets took major beating after enjoying Bull Run for continuously 6 sessions. Indices have touched highest landmarks every day but then lost hugely on Friday. Stock Markets started really strong but then hit lows and continued to trade in red, all-day. BSE lost 887.64 points to close at 66,684.26 and Nifty lost 234.15 points to close at 19,745.00 mark.
BSE Sensex of Stock Markets started trading at 66,907.07 mark and then continued to trade between 66,533.74 to 67,190.52 range. BSE ended the trading session at 66,684.26 by losing 887.64 points. Nifty Sensex of Stock Markets started trading at 19,800.45 mark and it hit highest for the day at 19,887.40. Nifty50 hit the lowest at 19,700.00. It ended by losing 234.15 points on 19,745.00.
Indian Rupee traded at Rs.81.99 against US Dollar on Friday. Traders have lost more than 2 Lakhs crores in Stock Markets due to the selling parade. Infosys, Hindustan Unilever, Reliance Industries, HCL Technology, Wipro emerged as major losers on Friday. Stock Markets have gone for huge correction on the day just before weekend. As expected, traders went for profits when Indices have their highest marks. We have to wait and see, how Stock Markets will perform and start new week on Monday.
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