Stock Markets on 13th March again continued blood bath of 10th March. International Stock Markets did not allow India Markets any respite on Monday. SVB and Signature Bank incidents have made traders go for securing their investments and sell out. By the end of the trading session of Stock Markets, BSE lost 897.28 points to close at 58,237.85 and Nifty lost 258.60 points to close at 17,154.30 mark.
BSE Sensex of Stock Markets started trading at 59,033.77 mark and then continued to trade between 58,094.55 to 59,510.92 range. Finally, BSE ended the trading session at 58,237.85 by losing 897.28 points. Nifty Sensex of Stock Markets started trading at 17,421.90 mark and it hit highest for the day at 17,529.90. Nifty hit the lowest at 17,113.45. It traded in red all-day and ended the session by losing 258.60 points and ended at 17,154.30.
Indian Rupee traded at Rs.82.11 against US Dollar on Monday. At one point, BSE index lost more than 1200 points and Nifty too did not show any signs of recovery. A total of Rs.7.5 Lakh crores money has been lost by Indian traders in three trading days in Stock Markets. Banking sector and major shares have collapsed on Monday. Stock Markets will require some miraculous recovery in International Markets to show gains again.
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