Stock Markets have ended their bull run and registered huge losses. Israel stating that they will go into war with Hamas terrorists has increased fear for traders. International Stock Markets have also faced huge pressure and lost huge. Also, crude oil prices have also increased huge due to the same factors. Hence, Stock Markets did not have any kind of way to recover during the session. BSE lost 483.24 points to close at 65,512.39 and Nifty lost 141.15 points to close at 19,512.35 mark.
BSE Sensex of Stock Markets started trading at 65,560.07 mark and then continued to trade between 65,434.61 to 65,789.98 range. Index started low and never found any support from traders. BSE ended the trading session at 65,512.39 by losing 483.24 points. Nifty Sensex of Stock Markets started trading at 19,539.45 mark and it hit highest for the day at 19,588.95. Nifty50 hit the lowest at 19,480.50. Index slipped down throughout the session without any recovery. Hence, Nifty50 ended by losing 141.15 points on 19,512.35.
Indian Rupee traded at Rs.83.28 against US Dollar on Monday. HCL Tech, TCS and HUL are the only stocks that registered gains in Sensex30. Stock Markets have been stomped by Israel War situation and lost hugely. Traders have shown no amount of interest in investing in big stocks, as well. Stock Markets will look at global situations to calm down for them to recover soon. Hopefully, the markets will show good amount of recovery in coming days.
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