Stock Markets have recovered on Friday. Traders have decided to invest in IT and Pharma sectors. International Stock Markets have seen mixed results due to Bank of England’s decision. They increased interest rates and US job data results also had the effect. Still, Indian markets saw traders looking to invest more. Stock Markets saw increase in foreign investments as well. Hence, BSE gained 480.57 points to close at 65,721.25 and Nifty gained 135.35 points to close at 19,517.00 mark.
BSE Sensex of Stock Markets started trading at 65,453.55 mark and then continued to trade between 65,387.18 to 65,799.27 range. The index started high and continued to trade in green all-day. BSE ended the trading session at 65,721.25 by gaining 480.57 points. Nifty Sensex of Stock Markets started trading at 19,462.80 mark and it hit highest for the day at 19,538.85. Nifty50 hit the lowest at 19,436.45. Index started high and continued to trade through lows & highs in Green. Nifty50 ended by gaining 135.35 points on 19,517.00.
Indian Rupee traded at Rs.82.67 against US Dollar on Friday. Zomato shares have seen great increase due to trimester results. The company saw Rs. 2 crores profits. Hence, in Stock Markets it saw huge 10.68% growth. IndusInd Bank, Tech Mahindra, Wipro, Bharti Airtel, HCL Technology shares have seen huge growth on Friday. Stock Markets need to see this growth for few more days for recovery of previous losses.
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