Stock Markets on 22nd February crashed further from Tuesday losses. International Stock Markets, mainly, US Markets have registered huge losses on Tuesday and it affected Indian Markets. Also, Reliance, SBI, Wipro, Bajaj, NTPC, Asian Paints, Adani Group shares have lost huge value on Wednesday. This propelled the downfall further and Markets lost Rs.3.5 Lakhs crores in a day. By the end of the trading session of Stock Markets, BSE lost 927.74 points to close at 59,744.98 and Nifty lost 272.40 points to close at 17,554.30 mark.
BSE Sensex of Stock Markets started trading at 60,391.86 mark and then continued to trade between 60,462.90 to 59,681.55 range. Finally, BSE ended the trading session at 59,744.98 by losing 927.74 points. Nifty Sensex of Stock Markets started trading at 17,755.35 mark and it hit highest for the day at 17,772.50. Nifty hit the lowest at 17,529.45. It traded in red all-day and ended the session by losing 272.40 points and ended at 17,554.30.
Indian Rupee traded at Rs.82.85 against US Dollar on Wednesday. Wikipedia has alleged that Adani Group have mobilized articles in favor of them and this hurt the traders sentiment further. Stock Markets on Wednesday crashed without a trace and we have to see, if Markets recover from this this month or the next.
Mahesh Babu proves again to be a profound humanitarian!