Stock Markets reported losses on Wednesday. Traders have been highly circumspect due to International situations. Stock Markets took a hit as traders went for profit making. US inflation rates, IT companies trimester results to be announced as made traders tread carefully. Stock Markets started on a high and traded through troughs & highs throughout. BSE lost 223.95 points to close at 65,393.90 and Nifty lost 55.10 points to close at 19,384.30 mark.
BSE Sensex of Stock Markets started trading at 65,759.28 mark and then continued to trade between 65,320.25 to 65,811.64 range. BSE ended the trading session at 65,393.90 by losing 223.95 points. Nifty Sensex of Stock Markets started trading at 19,497.45 mark and it hit highest for the day at 19,507.70. Nifty50 hit the lowest at 19,361.75. It ended by losing 55.10 points on 19,384.30.
Indian Rupee traded at Rs.82.288 against US Dollar on Wednesday. IT, Metal and Banking sectors have ended up in huge losses in Stock Markets. Tata Motors, Infosys, NTPC, IndusInd Bank, UltraTech Cements stocks have lost heavily. Stock Markets have gone through correction on Wednesday. We have to wait and see how they will fare in coming days.
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