Stock Markets on 14th March again continued to crash further after 13th March. Banking, IT and Metal shares have seen rapid downfall due to the International circumstances. Stock Markets have lost more than 3% in one trading session. The crash has been so prominent that traders are feeling the heat. By the end of the trading session of Stock Markets, BSE lost 337.66 points to close at 57,900.19 and Nifty lost 111.00 points to close at 17,043.30 mark.
BSE Sensex of Stock Markets started trading at 58,168.75 mark and then continued to trade between 57,721.16 to 58,490.98 range. Finally, BSE ended the trading session at 57,900.19 by losing 337.66 points. Nifty Sensex of Stock Markets started trading at 17,160.55 mark and it hit highest for the day at 17,224.65. Nifty hit the lowest at 16,987.10. It traded in red all-day and ended the session by losing 111.00 points and ended at 17,043.30.
Indian Rupee traded at Rs.82.48 against US Dollar on Tuesday. Adani Group shares have collapsed again. Adani Enterprises has lost more than 9% in a day. Stock Markets found some respite in the closing hours with few traders buying long term stocks. But on the whole, until and unless International Banks start responding on rumors about a collapse, this negative trend will continue.
Governor Abdul Nazeer praised AP Government development strategies!
