Stock Markets Update: Markets recover before Festival!

Indian Stock Markets again seemed to end up with losses another day successively, but traders saved it just before the festival. BSE gained 303.15 points to close at 60,261.18 and Nifty gained 37.50 points to close at 17,956.60 mark.

Stock Markets recover from losses
Stock Markets recover from losses

Stock Markets on 13th January recovered from three disappointing days. Indian Stock Markets recovered on Friday, before festival as traders chose to invest or buy stocks at their low prices. Otherwise, Indian Stock Markets again seemed to end up with losses another day successively, but traders saved it just before the festival. BSE gained 303.15 points to close at 60,261.18 and Nifty gained 37.50 points to close at 17,956.60 mark.

BSE Sensex of Stock Markets started trading at 60,044.96 mark and then continued to trade between 59,628.43 to 60,418.26 range. Finally, BSE ended the trading session at 60,261.18 by gaining 303.15 points. Nifty Sensex of Stock Markets started trading at 17,867.50 mark and it hit highest for the day at
17,999.35. Nifty hit the lowest at 17,774.25. It traded in red during the start of the day and reovered into greens to end at 17,956.60 by gaining 98.40 points.

Indian Rupee traded at Rs. 81.33 against US Dollar on Friday. Just before Makar Sankranthi, Pongal, Lohri festival season, traders seem to have shown interest in investing into Stock Markets than selling off to make any small gains. Things might be this volatile till Budget is introduced by Union Government for this financial year.

Miss India Universe Divita Rai as Sonpari.