Stock Markets recorded huge profits on Wednesday. Markets started on a high but then dipped in next few hours. Stock Markets recovered and touched lifetime highs in the mid-session. Reliance, Wipro, HDFC shares have recorded huge profits. This helped Stock Markets to reach lifetime highs but could not sustain them. Hence, BSE gained 195.45 points to close at 63,523.15 and Nifty gained 40.15 points to close at 18,856.85 mark.
BSE Sensex of Stock Markets started trading at 63,467.46 mark and then continued to trade between 63,327.70 to 63,588.31 range. Finally, BSE ended the trading session at 63,523.15 by gaining 195.45 points. At highest mark, BSE recorded Life-time high. Nifty Sensex of Stock Markets started trading at 18,849.40 mark and it hit highest for the day at 18,875.90. Nifty hit the lowest at 18,794.85. The index could not hit the life-time high but came close. It ended by gaining 40.15 points on 18,856.85.
Indian Rupee traded at Rs.82.03 against US Dollar on Wednesday. National Stocks have seen big rallies and this helped Stock Markets to post such huge gains. Traders showed huge trust after dips in the mid-session. Majority of shares seem to hit their life-time highs at some point. Stock Markets had a highly profitable session on Wednesday and hope the momentum continues.
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