Stock Markets on 15th March showed signs of recovery and again tumbled like on 14th March. They started on a positive note with a lot of hope. International Stock Markets showed signs of recovery and Indian Markets also improved. But then traders preferred to sell off for profits and the story of crash continued for 5th session. By the end of the trading session of Stock Markets, BSE lost 344.29 points to close at 57,555.90 and Nifty lost 71.15 points to close at 16,972.15 mark.
BSE Sensex of Stock Markets started trading at 58,268.54 mark and then continued to trade between 57,455.67 to 58,473.63 range. Finally, BSE ended the trading session at 57,555.90 by losing 344.29 points. Nifty Sensex of Stock Markets started trading at 17,166.45 mark and it hit highest for the day at 17,211.35. Nifty hit the lowest at 16,938.90. It started hopefully but collapsed in the middle and ended the session by losing 71.15 points and ended at 16,972.15.
Indian Rupee traded at Rs.82.59 against US Dollar on Wednesday. Markets seemed to recover on Wednesday after so long and traders thought it is end for the blood bath. But the Stock Markets started collapsing in the mid-afternoon as profit making became important for traders after so many days of losses. Let’s wait and see, when this blood bath will actually stop!
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