Stock Markets clearly registered gains on Wednesday unlike Tuesday. After a very negative start, markets rose during the session. International Stock Markets remained flat and recession fears have surrounded traders. But markets recovered during the day with positive outlook from traders. By the end of the trading session of Stock Markets, BSE gained 169.87 points to close at 60,300.58 and Nifty gained 49.70 points to close at 17,818.95 mark.
BSE Sensex of Stock Markets started trading at 60,087.98 mark and then continued to trade between 59,954.91 to 60,362.79 range. Finally, BSE ended the trading session at 60,300.58 by gaining 169.87 points. Nifty Sensex of Stock Markets started trading at 17,767.30 mark and it hit highest for the day at 17,827.75. Nifty hit the lowest at 17,711.20. The index after a negative start rose up during the session and it ended by gaining 49.70 points on 17,818.95.
Indian Rupee traded at Rs.81.74 against US Dollar on Wednesday. Asian Paints, HDFC Bank, HCL, TCS, Tata Motors, Maruthi, Titan, Bharati Airtel registered positive gains in trading. Stock Markets for the 5th straight day registered gains. Despite unfavorable conditions all over, still traders showed confidence to help the growth. Stock Markets seem to be on a positive streak and let’s hope it continues.
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