Stock Markets on 21st December crashed again like on Monday. Covid-19 scare has rocked the Stock Markets Internationally and Nationally. China has announced multiple lockdowns in their country and restrictions are also being discussed in USA and Europe. This showed negative impact on Wednesday at Indian Stock Markets. BSE lost 635.05 points to close at 61,067.24 and Nifty lost 186.20 points to close at 18,199.10 mark.
BSE Sensex of Stock Markets started trading at 61,993.71 mark and then continued to trade between 60,938.38 to 62,006.46 range. Finally, BSE ended the trading session at 61,067.24 by losing 635.05 points. Nifty Sensex of Stock Markets started trading at 18,435.15 mark and it hit highest for the day at 18,473.35, in the morning. It hit the lowest at 18,162.75 towards the end and recovered from there to finish at 18,199.10 by losing 186.20 points.
Indian Rupee traded at Rs.82.77 against US Dollar on Wednesday. Recession scare has been added to the prevailing Covid-19 situation in China. Traders have started preparing for more restrictions and losses in major financial sectors and Stock Markets might see more blood bath in coming days.
Stock Markets crash and recover on Tuesday!