Stock Markets on 9th March started in red and continued to stay in red all day. Financial, Oil and Gas sectors have reported huge losses. While Construction and Telecommunication shares of Stock Markets gained in stock value. By the end of the trading session of Stock Markets, BSE lost 541.81 points to close at 59,806.28 and Nifty lost 164.80 points to close at 17,589.60 mark.
BSE Sensex of Stock Markets started trading at 60,467.09 mark and then continued to trade between 59,750.53 to 60,467.09 range. Finally, BSE ended the trading session at 59,806.28 by losing 541.81 points. Nifty Sensex of Stock Markets started trading at 17,772.05 mark and it hit highest for the day at 17,772.35. Nifty hit the lowest at 17,573.60. It traded in red all-day and ended the session by losing 164.80 points and ended at 17,589.60.
Indian Rupee traded at Rs.82.04 against US Dollar on Thursday. Experts predict the Fed rates in USA to increase by 50 basis points. This might show even bigger effect in coming days on Stock Markets. BSE stocks have lost Rs.2 lakh crores in just one day. Traders want Stock Markets to be stable going forward but experts predict more volatility ahead.
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