Stock Markets reported considerable gains on Thursday. Markets started on huge highs and then continued to trade positively. International Stock Markets traded positively and ended up in gains. Also, US inflation rate has come down. All these factors, have helped Traders to aggressively. But Stock Markets suffered as the traders look for profit making towards the end. BSE gained 164.99 points to close at 65,558.89 and Nifty gained 29.45 points to close at 19,413.75 mark.
BSE Sensex of Stock Markets started trading at 65,667.07 mark and then continued to trade between 65,452.15 to 66,064.21 range. At the highest BSE has hit a new landmark. But then it fell to lowest due to traders seeking profits. BSE ended the trading session at 65,558.89 by gaining 164.99 points. Nifty Sensex of Stock Markets started trading at 19,495.20 mark and it hit highest for the day at 19,567.00. Nifty50 hit the lowest at 19,385.80. It ended by gaining 29.45 points on 19,413.75.
Indian Rupee traded at Rs.82.07 against US Dollar on Thursday. TCS, Infosys, Tech Mahindra, Bajaj Finance, ICICI Bank shares have risen in Stock Markets. Banking, Metal, Realty, IT stocks have gained. While Auto, FMCG, Capital Goods sectors saw losses. Stock Markets are being aggressive once again. Friday closing could be key to predict how Stock Markets will perform in coming weeks.
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