Stock Markets have been able to regain lost ground on Wednesday. Crude Oil prices are at alarming high. International Stock Markets had an impact due to US Fed decision to increase rate. They promised that this could be last time. Stock Markets still had huge benefits as traders looked to rally with investments breaking three-day losses. BSE gained 351.49 points to close at 66,707.20 and Nifty gained 97.70 points to close at 19,778.30 mark.
BSE Sensex of Stock Markets started trading at 66,434.72 mark and then continued to trade between 66,431.34 to 66,897.27 range. At the highest, the index touched another lifetime high. Then it slipped down and BSE ended the trading session at 66,707.20 by gaining 351.49 points. Nifty Sensex of Stock Markets started trading at 19,733.35 mark and it hit highest for the day at 19,825.60. Nifty50 hit the lowest at 19,716.70. Index is able to regain most lost ground throughout the session. Towards the end, traders have put selling pressure and it ended by gaining 97.70 points on 19,778.30.
Indian Rupee traded at Rs.82.00 against US Dollar on Wednesday. Reliance Industries, Tata Motors and L&T stocks have rallied Stock Markets to gains throughout the session. Tata Motors in Q1 registered Rs.3,300.65 crores profit and L&T earned Rs.3,116.2 crores profit. This has made Traders rally behind these stocks. Stock Markets have registered big gains in the session. Traders seem to be positive about growth in Indian marquee business establishments.
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