Stock Markets have recovered well on Monday. Traders have decided to invest in all sector stocks after great losses. International Stock Markets have recovered and that did give traders confidence to invest more. Major sectors have been able to recover well but this doesn’t seem like huge resurgence. Stock Markets started low but then kept raising after first hour. BSE gained 267.43 points to close at 65,216.09 and Nifty gained 83.45 points to close at 19,393.60 mark.
BSE Sensex of Stock Markets started trading at 64,852.70 mark and then continued to trade between 64,852.70 to 65,335.82 range. Index started low but kept trading in green throughout the session. BSE ended the trading session at 65,216.09 by gaining 267.43 points. Nifty Sensex of Stock Markets started trading at 19,320.65 mark and it hit highest for the day at 19,425.95. Nifty50 hit the lowest at 19,296.30. Index kept trading low for first hour and then recovered to good gains. Nifty50 ended by gaining 83.45 points on 19,393.60.
Indian Rupee traded at Rs.83.12 against US Dollar on Monday. Reliance Industries, Jio Financial shares have seen losses in Stock Markets. On the other hand, Bajaj Finance, IndusInd Bank, Bharti Airtel, NTPC, ITC shares have seen gains. Stock Markets have been depending upon International factors from some time. We have to wait and see, how they will perform in the coming days.
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