Stock Markets on 2nd March crashed again after Wednesday recovery. International Stock Markets have crashed because of recession fears and high inflation rates. The effect has been visible on Indian Markets too. Interestingly, Adani Group stocks have increased in the value. By the end of the trading session of Stock Markets, BSE lost 501.73 points to close at 58,909.35 and Nifty lost 129.00 points to close at 17,321.90 mark.
BSE Sensex of Stock Markets started trading at 59,287.18 mark and then continued to trade between 59,423.79 to 58,866.26 range. Finally, BSE ended the trading session at 58,909.35 by losing 501.73 points. Nifty Sensex of Stock Markets started trading at 17,421.50 mark and it hit highest for the day at 17,445.80. Nifty hit the lowest at 17,306.00. It traded in red all-day and ended the session by losing 129.00 points and ended at 17,321.90.
Indian Rupee traded at Rs.82.55 against US Dollar on Thursday. Sun Pharma, HCL Tech, Powergrid, L & T, Ultratech Cement stocks have gained in the value when Markets lost so much in a day. Stock Markets thought they have recovered on 1st March but the very next day, they have returned to normalcy.
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