Stock Markets Update: Markets remain flat!

Major amount of traders have sold off when they can make a profit and bought after value decreased whole day. Hence, Stock Markets remained flat and BSE lost 9.98 points to close at 60,105.50 and Nifty lost 18.45 points to close at 17,895.70 mark.

Stock Markets perform flat on Wednesday
Stock Markets perform flat on Wednesday

Stock Markets on 11th January remained after fortnight crash. Indian Stock Markets have lost all the profits made on Monday on Tuesday and this seems to have played on traders sentiment to be cautious. Major amount of traders have sold off when they can make a profit and bought after value decreased whole day. Hence, Stock Markets remained flat and BSE lost 9.98 points to close at 60,105.50 and Nifty lost 18.45 points to close at 17,895.70 mark.

BSE Sensex of Stock Markets started trading at 60,134.56 mark and then continued to trade between 59,805.78 to 60,364.77 range. Finally, BSE ended the trading session at 60,105.50 by losing 9.98 points. Nifty Sensex of Stock Markets started trading at 17,924.25 mark and it hit highest for the day at
17,976.35, during opening hours. Nifty kept going up and down whole day and hit the lowest at 17,824.35. It traded in red all-day to end at 17,895.70 by losing 18.45 points.

Indian Rupee traded at Rs. 81.59 against US Dollar on Wednesday. Traders seem to be observing caution before Makar Sankranthi, Lohri holiday period and Stock Markets might trade like this for few more days with major amount of people looking for quick profits.

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