Stock Markets pulled up a miracle recovery in the final hours on Monday. Both the indices traded in red after a bright start. Traders waited for the results of the big Indian companies to invest. By mid-session selling pressure has been high on Stock Markets and healthcare sector shares declined in value. Before the closing from mid-session, financial sector shares showed huge gains. By the end of the trading session of Stock Markets, BSE gained 401.04 points to close at 60,056.10 and Nifty gained 119.35 points to close at 17,743.40 mark.
BSE Sensex of Stock Markets started trading at 59,873.71 mark and then continued to trade between 59,620.11 to 60,101.64 range. Finally, BSE ended the trading session at 60,056.10 by gaining 401.04 points. Nifty Sensex of Stock Markets started trading at 17,707.55 mark and it hit highest for the day at 17,754.50. Nifty hit the lowest at 17,612.50. Till mid-session Nifty traded low. From mid-session it picked up and ended the session by gaining 119.35 points on 17,743.40.
Indian Rupee traded at Rs.81.91 against US Dollar on Monday. Stock Markets have shown strength in recovering from a very low position. Major companies quarterly results are awaited by traders to think about moving forward. As healthcare sector seems to be struggling, Stock Markets have also struggled in the session. Final hours surge miraculously worked in favor this session.
YS Sharmila and YS Vijayamma slap Police!